Personal Accounts admin names in frame revealed

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The Personal Accounts Delivery Authority (PADA) has released a shortlist of administration firms it is considering for the contract to manage the new pension plans.

Information published on its website stated Danish firm Arbejdsmarkedet Tillaegspension; Logica UK; Tata Consultancy Services are all in the running. The final contender is a team from Great West Retirement Services and Canada Life Group UK. The website said PADA has completed its evaluation of the pre-qualification questionnaires and invited short-listed suppliers to take part in the next state of the procurement process -which is called competitive dialogue It said the process was commercially sensitive and it is "therefore not appropriate to provide any further details at this stage". ...

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