If you have any concerns at all about the efficiency, cost effectiveness or - most importantly - compliance of your administrative procedures, call in our team. We have systems and methods to help you run your scheme efficiently, effectively and compliantly.
We can, for example, help you to review your current scheme, collect feedback from members and help you to develop new member services to comply with legislation and meet your members' needs. We can help you make the business case for change, with detailed cost and service comparisons and implications.
Our risk management tool, 'RiskTrack' provides a clear, cost-effective and structured programme that is tailored to the specific risk profile of pension scheme management. Through RiskTrack, we can collect relevant information, identify all areas of actual and potential risk, and show where improvements can be made to make sure you comply with new and forthcoming legislation.
Administration consulting in action
- Strategic services: we can help you to review existing services to members and develop new services that will allow you to adapt to changes.
- Risk management: our proactive RiskTrack tool helps trustees, pension managers and providers to extensively assess scheme compliance risks.
- We can help you implement administrative systems and data management processes to improve your administrative effectiveness and reduce costs.
- Recovery services: if there is a problem with your administration, we have the systems and knowledge to install new processes whilst preventing future problems.