7 days
7 Days is a weekly round up of developments in pensions, normally published on Monday afternoons. We collate this information from key industry sources, such as the DWP, HMRC and TPR.
In this 7 Days
PASA publishes guidance on data accuracy
On 4 June 2024, PASA published new guidance on “data presence versus data accuracy”. It includes sections on what trustees should do to improve their scheme’s data accuracy and suggests steps to ensure data accuracy is maintained.
The guidance is relevant for trustees in complying with their pensions dashboards duties, as well as many other aspects of scheme management which require accurate data, such as risk transfer exercises, valuations and funding strategies.