Sections

LPFA searches for data printer in era of scrutiny

UK - The London Pension Fund Authority is seeking a firm able to print and deliver payslips to its pensioner members, at a time when government authorities have revealed errors in its own delivery of individuals' personal information.

According to the tender notice, LPFA is looking for a payroll printer service to produce and send payslips and P60s to its pensioners at regular intervals - at least 12,500 per month and a further 88,000 in April and May as well as other requirements throughout the year - for a three-year contract beginning next summer.

LPFA is the pension fund administrator to over 73,000 members so the LPFA's search for a supplier of payslip documents comes at an interesting time in the UK, as the government has recently been under close scrutiny for the loss of personal identity information of over 25 million people.

More specifically, as well as losing two discs containing the personal information of over seven million families receiving child benefit, the Scottish Public Pension Agency today said a disc, containing information about Scottish pensioners, had been found at its intended location of NHS' Stobhill Hospital.

NHS Greater Glasgow and Clyde announced on Friday its payroll staff had instigated a thorough audit of all documents and mail received from Fed Ex, after it emerged one of 162 packages - containing pensions information - was missing.

Cabinet Secretary for Finance and Sustainable Growth John Swinney said even though the data contained no addresses or bank account details of pension scheme members, officials felt they were "right to take the issue seriously" following recent government blunders with the protection of personal information.

Applications for the LPFA tender must be submitted to Servus Associates, the body's IT consultants, by December 20.

Have your say

You must sign in to make a comment

IPE QUEST

Your first step in manager selection...

IPE Quest is a manager search facility that connects institutional investors and asset managers.

  • QN-2444

    Asset class: Trade Finance.
    Asset region: Global.
    Size: USD 10m.
    Closing date: 2018-06-25.

Begin Your Search Here