Barnett Waddingham is the latest organisation to achieve accreditation from the Pensions Administration Standards Association (PASA), an independent body dedicated to driving up standards in pensions administration.
Lorraine Harper, Chair of PASA’s Accreditation Committee, says: “Our rigorous accreditation process has one key goal – to highlight and reward high standards of administration. By successfully completing the process for a second time, Barnett Waddingham joins the ranks of our other reaccredited companies who, having already reaped the benefits of the PASA gold mark, wanted to further prove their commitment to delivering outstanding service and cement their position as deserved leaders in their field.”
Paul Latimer, Partner and Head of Pension Administration at Barnett Waddingham, says: “Administration continues to climb the trustee agenda and, with lengthy and complex exercises like GMP reconciliation and rectification ongoing and GMP equalisation to come, instilling client confidence in the ongoing quality of overall service is of real importance to us. Achieving PASA reaccreditation allows us to communicate this in a tangible way and demonstrates our long-term commitment to innovation and delivering the best possible service to scheme members.”
“With a team of 500 experienced administrators supporting over 380,000 members, across 400 pension schemes, this reaccreditation continues to fortify our position in the industry as one of the leading third-party administrators in the UK.”
Barnett Waddingham joins PASA’s other reaccredited companies, Hymans Robertson, Royal Mail and UK Power Networks.