2nd November 2017 Anna Rogers comments in Professional Pensions on the potential dangers of biometrics in scheme administration

In October the Pensions Administration Standards Association (PASA) called on trustees to take more interest in the development and use of biometrics.

Biometrics electronically identifies individuals using unique features such as voice, fingerprint, facial or iris recognition.

The administration body argued the adoption of biometrics by schemes could drive efficiencies and better meet member needs in the long term –¬†predicting that, as time goes on, this kind of technology would gain popularity and become an essential investment for schemes.

Anna Rogers commented that she sees upsides to biometrics but also warned:

“The use of data is more secure for members as long as the scheme does not lose it. If the scheme loses data on iris, voice or fingerprint recognition, then I suppose that is more damaging than if bank account, date of birth or national insurance number details are lost.”

Read the full article in Professional Pensions here

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