Allen & Overy and Lothian Pension Fund are the latest organisations to join the Pensions Administration Standards Association (PASA) taking PASA scheme member representation to over 11 million.
Margaret Snowdon (pictured), chair of PASA, says: “We are very pleased to welcome both Allen & Overy and Lothian Pension Fund to our membership base and look forward to working with them. It is especially gratifying that in only five years since launch our reach is already a whopping 11 million – that is 11 million employees and pensioners who are benefiting from better administration and all that entails. This is a huge accomplishment and recognition both for us at PASA, demonstrating we remain at the forefront of driving up standards in the industry, but also for the industry because it shows that organisations are absolutely dedicated to delivering the best service possible.”
PASA remains at the forefront of driving up standards in the industry and has already this year announced newly revised standards and two tranches of GMP reconciliation guidance.