Government Departments / Associations
Government Departments/Associations
Since 1996 the Audit Commission has run the National Fraud Initiative (NFI). This matches electronic data to prevent and detect fraud. To date, in excess of £550 million in fraud and overpayments has been identified and the initiative has attracted international recognition. NFI is already the UK's premier public sector fraud detection tool and it is now expanding to offer the automated life certification process to all private sector pension schemes
The Personal Accounts Delivery Authority
We all need to be aware of how the pension reforms will affect us and the
choices that are available.
The Personal Accounts Delivery Authority (PADA) is a non-departmental public
body (NDPB). Our job is to set up a national, trust-based pension scheme
currently referred to as ‘personal accounts’ that will help millions of people
on low and moderate incomes, who do not have access to a good-quality workplace
pension, save for their retirement.
The personal accounts scheme is being designed to complement existing workplace
pension provision. We aim to make personal accounts an easy-to-understand,
accessible pension scheme which will achieve good outcomes for its members and
offer a straightforward choice for employers to meet their new legal duties in
October 2012.
Come to our stand to find out what you need to know about the reforms, how
personal accounts can help, and get ahead of the game.
The Pensions Management Institute (PMI)
The PMI is the professional body which supports and develops the experts who run UK pension schemes. It has the broadest skills base of pensions professionals and trustees in the UK, with some 5,000 members dedicated to establishing, maintaining and advancing the highest levels of pensions knowledge.
With 30 years of successful operation behind it, PMI is an organisation at the cutting edge of pensions. For full details of PMI's qualifications, membership grades and ongoing support services please visit:
The Pensions Regulator is the UK regulator of work-based pension schemes. It has a strong learning focus, a proactive and risk-focused approach to regulation and wide-ranging powers.
The Pensions Act 2004 gives the Pensions Regulator a set of specific
objectives:
• to protect the benefits of members of work-based pension schemes;
• to promote good administration of work-based pension schemes; and
• to reduce the risk of situations arising that may lead to claims for
compensation from the Pension Protection Fund.
In order to meet these objectives, we concentrate our resources on schemes where
we identify the greatest risk to the security of members' benefits. We will also
promote high standards of scheme administration, and work to ensure that those
involved in running pension schemes have the necessary skills and knowledge.
SERVICES FOR PEOPLE OF WORKING AGE TO HELP TO PLAN FOR RETIREMENT
Combined Pension Forecasting (CPF)
Combined Pension Forecasting is a free service available to employers and
pension providers. Receiving forecasts of their private pension and their State
Pension together gives individuals a better understanding of their likely income
in retirement.
Pension Tracing Service (PTS)
The Pension Tracing Service is a free service that aims to provide people with
an up-to-date address for an occupational or personal pension scheme that they
may have “lost touch” with. This information can then be used to contact the
pension provider to pursue any financial entitlement.
Requests for a pension trace can be made by the potential beneficiary or by a third party acting on their behalf and can be requested by telephone, on line, fax or letter.
For more information visit us at stand 15
Founded in 1987, World Gold Council (WGC) is an organisation formed and
funded by the world's leading gold mining companies and represents over 60% of
total global corporate gold production.
WGC’s primary mission is to stimulate and sustain the demand for gold and to
create enduring value for its stakeholders. As the gold industry's key market
development body, WGC works closely with multiple market participants to promote
the use of gold in all its forms - as an investment, in jewellery, in medical
and industrial applications, and as a reserve asset for central banks and other
official sector institutions.
