The ViaNova group is a voluntary collaboration between product providers and third-party administrators in the UK corporate pensions industry whose objective is to facilitate the automated processing of electronic transactions.  We use open standards based on data models and messages from the ISO 20022 messaging standard.

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Since 2005 the ViaNova working group has been responsible for developing market practice standards for the corporate pensions industry.  The standards produced under the group’s name have been adopted throughout the UK and around the world for the automation of funds orders and publication of prices, fund holdings and valuations.  Many billions of pounds have been transacted using our automation standards.

 

In Spring 2020 we started a new project to automate the transfer of customers' pension holdings between schemes and 2021 we saw the first live pension transfer from the LifeSight master trust scheme administered by Willis Towers Watson. We have since been joined by schemes such as:

• JP Morgan Chase

• GlaxoSmithKline

• Lloyds Banking Group 

• Bank of Ireland

• Honeywell Retirement Plan

• UBS Pensions

• DHL​

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