The Pensions Administration Standards Association pre-employment guidance
26 April 2022
The Pension Administration Standards Association (PASA) has released a guidance document detailing some important steps to take to prevent fraud.
The guidance indicates the types of checks that can be undertaken when making a new hire. Fraud can happen at any level of an organisation and administrators should assess the level of risk within different areas of the business. PASA note that they are aware of a situation where individuals deliberately sought employment at a company with the intention to commit fraud.
The guidance covers:
- Deciding what the level of risk is
- What information and checks are available?
- How to use such information.
However it does note “If you’re unsure of what checks you can legally undertake and what information you can legitimately process as part of your verification process, you should obtain expert legal advice.”
The creators of the guidance, the Cybercrime and Fraud Working Group, work to help administrators protect themselves from fraud and cybercrime by providing guidance and raising awareness.
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