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Publication
The rising impact of secondary perils
It has been reported that at the beginning of June 2024 nine people died and over 2000 households have been demolished due to sever flooding in the Eastern Cape.
United Kingdom | Publication | June 2024
The Pensions Administration Standards Association Data Working Group has published new guidance which sets out why data should not just be present but accurate, and provides suggestions on how trustees can improve and maintain their data accuracy.
A spokesman for the Association said: “Trustees should recognise data quality management is an ongoing process and not a one-off exercise. Data needs to be consistently monitored throughout the life of the scheme and controls reviewed to ensure they remain adequate to prevent future data degradation. Data remediation projects are a useful tool for maintaining accurate data, but trustees should also maintain data improvement and management plans to ensure continuous monitoring. Poor quality data can lead to poor decision-making and needs to be given the importance it deserves as the lessons to be learned from not doing so can impact employers, trustees and members for years to come.”
With the deadline for dashboard sign-up approaching over the coming months, trustees may find this guidance useful.
Publication
It has been reported that at the beginning of June 2024 nine people died and over 2000 households have been demolished due to sever flooding in the Eastern Cape.
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