Pension Scheme Insight Report 2016

In the second Pension Scheme Insight Report Capita Employee Benefits reveals what pension managers and trustees are saying about trust based pension schemes, with a particular focus on pension administration.

Key findings:

  • The task of running a pension scheme is not getting any easier.
  • Respondents highlighted eight serious challenges they face.
  • The modern pension manager must be a gifted multi-tasker.
  • GMP reconciliation is the main challenge faced in the next 12 months for more than half (53.6%).
  • Member education and engagement is the second biggest challenge faced.