Our PASA Accreditation
PASA have awarded us with their Gold Standard
Comments from the Chair of the Pensions Administration Standards Association (PASA):
At PASA, we recognise that best practice can be accomplished in different ways which is why we set out to develop an accreditation process that was outcome focussed – to suit different types of organisations. Key to supporting as many individuals with pension benefits as possible, is the continual expansion of our reach to all areas of the industry and evolving our standards to suit different types of arrangements. We are therefore very pleased to be able to award Rothesay Life the Gold Standard and commend them on their hard work and commitment throughout the process that saw them becoming the first insurer to achieve it. Good administration continues to be vital to the running of every pension arrangement, so it is extremely encouraging to see organisations like Rothesay Life recognising its value and taking active steps to ensure their service is of the highest possible standardKim Gubler, PASA Chair
In January 2019, Rothesay Life became the latest organisation to be awarded Accreditation by the Pensions Administration Standards Association (PASA), the independent body dedicated to driving up standards in pensions administration.
We are the first insurance company to undergo the accreditation process with PASA. This involved an independent evaluation and assessment process, including on-site visits and review of documentation to evidence controls, procedures, processes and staff development. We are extremely proud to have been awarded PASA's Gold Standard having demonstrated that our processes and controls are robust and as a result our policyholders' pension benefits are safe and secure.