Below is the 2024 league table for the UK’s outsourced third party pensions administration providers. The data is based on the figures they provided. The league table covers 4980 pension schemes, with more than 23 million pension benefits being administered. There have been several mergers and acquisitions in the third party administration (TPA) market. Therefore,…
Read more
Fear of moving pensions administration to another third party administrator (TPA) is enough to put anyone off carrying out a market review in the first place. This can happen even when there is evidence of poor service from an incumbent administrator.
Insight and tips on how to alleviate the pain of moving administrator.
In pursuit of great pensions administration The question we get asked most often is unquestionably “are there any good Third Party Administrators (TPAs) out there?”, followed closely by “what does top quality pensions administration look like?” To which we can respond positively – “yes, great pensions administration is out there!” With the correct expertise it…
Read more
In our latest survey, we have looked at what Third Party Administrators (TPAs) have experienced with the Covid-19 lockdown. Work volumes appear to be steady or modestly reduced. This is perhaps surprising given many members will have had more time at home to think about their pension. Metrics such as service levels and right-first-time rates…
Read more
