The trade body says there are still too many uncertainties and dependencies
Member communications will become more tailored as a result of the pension dashboards
Kim Gubler wants dashboards to be launched as soon as possible but notes challenges with personal data matching will mean the primary focus should be on ensuring pensions are correctly found not on displaying income amounts.
The Pensions Dashboard Programme (PDP) has issued an invitation to tender for digital architecture suppliers to design and implement the ecosystem that will allow dashboards to work.
Pensions minister Guy Opperman has set out a timetable for secondary legislation to bring Pension Schemes Act provisions into force.
The Pensions Dashboards Programme (PDP) has published its second progress update report – setting out a timeline for the development of the project.
While the dashboard timeline needs to be flexible enough to help the least well-prepared schemes get ready, Nigel Peaple says schemes are being constructive and solution-focused.
Pensions schemes will face significant additional working costs reaching into the millions of pounds to prepare their data for the pensions dashboard, according to Lane Clark & Peacock (LCP).
The pensions industry should expect a busy rest of the year as work on the pensions dashboard begins to ramp up, according to Pensions Dashboard Programme (PDP) principal Chris Curry.
The Pensions Dashboards Programme (PDP) has launched a formal call for input, seeking industry views on data standards for the initial dashboards.