Aptia, a leading provider of pension administration, consultancy and actuarial services, welcomes PASA’s latest guidance on Contingent Spouse Pensions (CSPs).
The guidance, which has been published today, places renewed focus on data quality as a critical enabler of better outcomes across the pensions lifecycle.
CSPs are a vital benefit for members’ dependants and a key determinant of accuracy and confidence when schemes enter insurer transactions - including buy-ins and buy-outs. Inconsistent or poor‑quality CSP data can result in pricing uncertainty, extended transaction timelines and avoidable cost, creating challenges for trustees, sponsors and insurers.
Jaysukh Shah, Aptia's Head of Risk Transfer, said: 'By setting out practical approaches - from first‑principles calculations to pragmatic estimates - PASA has provided trustees and administrators with a framework to balance accuracy, cost and operational efficiency, while strengthening readiness for transactions. This is a timely and welcome report – especially as schemes prepare for de‑risking, dashboards and increasing scrutiny on data quality.'
The full guidance is available here.
NOTES TO EDITORS
- Founded to shape the future of pensions, health, and insurance solutions, Aptia is a leading UK pensions administrator and US employee benefits administrator dedicated to simplifying complexity for businesses and individuals. It brings together cutting-edge technology and deep industry expertise to help organisations navigate an evolving landscape with clarity and confidence.
- Aptia is the UK’s largest private-sector third-party administrator serving 1200 clients and more than 3 million members, delivering solutions that drive efficiency, enhance financial security, and provide peace of mind.
Aptia has a presence in the UK, US, India. Aptia’s strength lies in the combination of smart technology and expert teams, ensuring that managing pensions, health, and insurance is more effective. By focusing on innovation, accessibility, and client success, Aptia helps businesses take care of their people, so they can focus on what they do best.
For more information contact:
Corinne Gladstone, Aptia Head of Corporate Communications & Public Relations.
Email: media.enquiries@aptia-group.com
Tel: 07989 448075
Sam Emery/ Emma Murphy/ Robbie Lawther/Bruno Aldridge, Quill PR
Email: Aptia@quillpr.com
