Spence & Partners achieve ISO27001 accreditation

Brian Spence

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Leading pensions actuaries and administrators Spence & Partners have completed ISO/EIC 27001, an internationally recognised standard for Information Security Management.

ISO/IEC 27001 is fast becoming the international touchstone for effective, secure information management practices that protect organisations and ensure their compliance with data protection, privacy and computer misuse regulations. The application and use of this standard primarily ensures business continuity, minimising business damage by preventing and reducing the impact of security incidents while maximising business investments and opportunities.

The security practices adopted within Spence & Partners to comply with the accreditation are essential to protect the interests of the firms’ people and its clients in ensuring the secure and safe deployment of IT systems and services.

Brian Spence, Managing Director at Spence & Partners said: “We are proud to be one of the first pension administration companies to meet ISO 27001 compliance criteria standards.

“IT security is becoming increasingly paramount – given the volume and importance of the data which firms such as ours hold on file and we felt it was essential to obtain this accreditation. We believe the assurance we can offer clients through this high standard of data security will give us a clear advantage against many of our counterparts within the UK pensions industry.”

“This underlines our commitment to setting the standards across our sector and to provide our clients with enhanced levels of service and security.  This commitment spans all levels of Spence & Partners and Dalriada, whether we act as trustees, advisers or are only considering our internal information and processes.”

To help undertake the compliance project in a very tight timescale, Spence & Partners brought in external consultants Cimaomega.

Gillian Esquivel, Director at Cimaomega said: “This project has been completed at an accelerated pace and is a credit to everyone working directly and indirectly on it. This underlines Spence & Partners’ commitment to invest for the benefit of their clients.”
(ENDS)

For further information please contact Bill Shaw on 07974 720669 or bill@billshaw.uk.com

 

Brian Spence

Post by Brian Spence

Fellow of the Institute and Faculty of Actuaries and Society of Actuaries in Ireland, scheme actuary, professional pension trustee

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