Pensions Aspects Magazine
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How to start your Diversity & Inclusion journey
Organisations which encourage an inclusive culture can really benefit from the environment this can create for its people – helping to support fresh thinking and new ideas. While there might not be a quick route to creating a formal Diversity & Inclusion strategy, there are three core actions – which are explored in this article - that organisations can focus on when taking their first steps.
Read morePensions Aspects May 2021
Crackdown on scams. Read the latest issue on complete data protection.
Read moreThree top tips for managing trustees’ data responsibilities
Pension schemes are veritable treasure troves of personal data, holding contact details, bank account specifics, and even scanned copies of passports and utility bills. And managing that data, from a trustee perspective, has never been more complicated and fraught with risk.
Read moreProtecting member data – cyber risk in 2021
Risks related to cyber security are ever evolving, and The Pensions Regulator (TPR) recommends a dynamic response as fraudsters are constantly looking for new ways to get their hands on data. Trustees shouldn’t be complacent in relation to the data they hold, and should ensure they keep up-to-date in relation to cyber risks, incidents and controls.
Read moreOne giant leap
We put a man on the moon back in the 1960s, so why can’t we get basic pension information online? One reason is our old friend poor data quality. It’s the Cinderella of the trustee agenda. Those are words I never thought I’d put together in the same sentence. I’ll blame it on lockdown.
Read moreHow pensions dashboards differ from open banking
Pensions dashboards will make it easier for individuals to see all of their pensions information securely, online and all in one place. This opening up of pensions data has led to comparisons between pensions dashboards and open banking. One of the questions I am most frequently asked is ‘why can’t you just copy open banking?’
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