Pensions PA is the Dunstan Thomas Pensions Administration (PA) service. The Pensions PA team are exceptional administrators, experienced from years working in the SIPP and platform market. Pensions PA is administered on Imago technology.
Pensions IT is the Dunstan Thomas development service pension providers use to run their IT departments. Some providers may have their own specialist pension policy administration systems. Pensions IT is a service to support and develop these systems.
As assets under administration continue to grow steadily, the SIPP and platform operator market is in a period of change with increased regulatory responsibilities. Operators need to be even more cost effective and efficient and delivering services to clients with business as usual is subject to intense transformation. The service addresses the following areas:
As the FCA looks set to continue its predecessor’s work by levelling its regulatory fire power at SIPP operators, 2013 will be the first year of significant SIPP operator consolidation. New Capital Adequacy requirements undoubtedly put smaller SIPP providers under financial pressure. This comes at a time when many SIPP operators are turning in poor financial year results having faced one off costs linked to tighter regulatory scrutiny that all started with the thematic review over two years ago. Tighter regulation has certainly created a big opportunity for larger SIPP operators. Smaller SIPP operators are taking a long hard look at how they prosper.
Consultancy for market growth and consolidation provides expert guidance to clients looking to grow their books of business. The consulting supports the process of due dilligence through to consolidation: