The Money and Pensions Service has appointed 10 individuals to the pension dashboards’ steering group.
The individuals represent consumers, fintechs and the pensions sector. They will work on the practicalities of establishing the pensions dashboards’ services.
The dashboards will ensure people throughout the UK have easy online access to key information about what pensions they have, who manages them and what they are worth in one place.
The Money and Pensions Service said the new steering group will support the work of the Industry Delivery Group (IDG) which has been established to take forward the creation of the technology that will enable the dashboards.
The steering group members are:
Sir Hector Sants, chair of the Money and Pensions Service, welcomed the steering group appointments: “It is vital that people are equipped with the tools and knowledge to engage with their pensions and plan for retirement. This group represents a great blend of the expertise needed to ensure the successful delivery of revolutionary pensions dashboards.”
Chris Curry, principal of the IDG, will chair the steering group. He said: “The formation of the steering group signals another important step forward in this project. I look forward to working with the steering group members, who bring both expertise and the perspectives of their various sectors to ensure nothing is forgotten in the development of dashboards.
“Over the coming months, we will also be forming working groups to work alongside the steering group, where subject matter experts will provide input into the design of the service.”
The Money and Pensions Service said the first steering group meeting will be in October and following that, the focus will be on setting out a roadmap for the delivery of the dashboards, providing strategic guidance on delivering the best customer experience for consumers, and determining what data the pensions industry will need to provide for dashboards to be operational.