Archive for July 2006

Brian Spence

Who pays the dataman?

An announcement from accountancy giant PwC that two thirds of the schemes it deals with in company takeovers have significant deficiencies in their membership records, left me feeling a tad under-whelmed.

Put bluntly, the quality of historical pension scheme data held electronically is a disgrace and the industry, and not a few trustees, have known this for some time. Perhaps the only truly surprising point of note is that nobody has taken any steps to meaningfully address the issue. Read more »

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