The Pensions Administration Standards Association (PASA), the independent body committed to improving pensions administration standards, has appointed Procentia as its Expert Partner for Digital Admin. This appointment underscores PASA’s ongoing commitment to pioneering excellence in digital transformation within the pensions industry.
PASA Chair, Kim Gubler, remarked: “Driving the digital admin journey to define best practice is one of PASA’s key strategic objectives. As demand for digital functionality continues to rise across the pensions industry, it’s vital our Expert Partner is able to lead this charge with us – Procentia is ideally positioned for this. They bring not only deep technical expertise but also an understanding of the industry’s diverse needs. Procentia’s involvement will be critical in ensuring we develop best practices to cater for the needs of all stakeholders, including those who may be less digitally engaged.”
Liam McGrath, Group Chief Executive Officer at Procentia, who will chair the Working Group: “We’re thrilled to join PASA as their Digital Admin Expert Partner. We’ve been designing ‘PenTech’ solutions to help schemes and insurers provide lasting value for their administrators and members for over twenty years. This is an opportunity to use our expertise, insight and research to lead the group and the administration sector through a digital transformation journey. We’re excited to build on the progress already made and demonstrate how digital administration can drive the industry and individual schemes forward, improving engagement, efficiency, and outcomes for savers.”