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Trustees pay for good admin

Article by Nick Reeve, Pensions Management, 01 September, 2009

Scheme trustees are still prepared to pay for quality administration services despite the recession, according to PM research.

Nuala Hedges, partner at Barnett Waddingham, said: “We find there tends to be a divide between those who view administration as a commodity, and select service providers primarily on the basis of cost, and those who are prepared to pay for a high quality service.”

To read the whole article visit Pensions Management website