Hymans Robertson secures PASA reaccreditation
08 Feb 2018 - Estimated reading time: 2 minutes
The Pensions Administration Standards Association (PASA), the independent body dedicated to driving up standards in pensions administration, today announced that Hymans Robertson has successfully completed the PASA reaccreditation process.
Lorraine Harper, Chair of PASA’s Accreditation Committee commented:
“PASA accreditation is an outward demonstration that a pension service truly cares about the quality of service it provides to members. When an organisation undergoes the reaccreditation process, they further cement their long-term commitment to delivering this.
“Reaccreditations are the strongest endorsement of the value of the PASA process and framework, and Hymans Robertson joins our other reaccredited companies, Royal Mail and UK Power Networks, all of which have seen the value of being PASA accredited first hand and want to continue with the benefits, stature it brings and most importantly, the message it gives to clients of a company’s commitment to delivering the best for them. PASA accreditation is also a fantastic morale booster for staff, as it crystallises the recognition and value of all their hard work.
“The PASA process sets itself apart from similar frameworks by being truly constructive, and member and outcome focussed, with our independent auditors carrying out a rigorous onsite assessment to make sure people put words into action, and do not just follow a control guide. Trustees can rest assured that where they see the PASA mark, they will find quality. By requiring organisations to undergo the process every two years, we are continuously driving progress and ensuring high standards are being maintained”.
Kim McCormick, Partner and Associate Practice Leader for Third Party Administration at Hymans Robertson commented:
“With upcoming challenges in the pensions industry on the horizon, we recognise times of uncertainty for trustees, and our accreditation status demonstrates to them that their administration provider is firmly committed to working in their best interests. It is our duty of care to ensure members receive a quality service and being reaccredited by PASA ensures this objective is achieved.”