10 appointed to pensions dashboards steering group
26 September 2019
The Money and Pensions Service has announced 10 appointments to represent consumers, fintechs and the pensions sector in helping to deliver the dashboards.
The 10 people will work on the practicalities of establishing pensions dashboards services and making them available for use by the general public.
Money and Pensions Service (MAPs) said the pensions dashboards are intended to give people throughout the UK “easy online access to key information about what pensions they have, who manages them and what they are worth in one place, revolutionising how people engage with their pensions throughout their lives”.
The new steering group will represent the interests of consumers and stakeholders within the pensions, financial services and fintech sectors and will support the work of the Industry Delivery Group (IDG) which has been established within MAPs to take forward the creation of the technology that will enable dashboards.
The steering group members are:
The IDG said a robust selection process had been followed, with applicants asked to provide written submissions demonstrating their expertise against selection criteria, as well as testimonials proving their leadership in the field.
Sir Hector Sants, chair of the Money and Pensions Service, said the steering group represented “a great blend of the expertise needed to ensure the successful delivery of revolutionary pensions dashboards”, while Chris Curry, principal of the Industry Delivery Group said the formation of the steering group signalled “another important step forward in this project”.
He added: “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.” Curry will chair the steering group and Angela Pober, Implementation Director of the IDG will also be a member.The first steering group meeting will be held in October, with a focus 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.”
ATEB Consulting’s Steve Bailey looks at how the FCA’s view of suitability and what that means in practice for...
The Supreme Court has ruled that a pension transfer made in ill health should not be subject to inheritance...
Lee Old, director, Antony George Recruitment, provides some tips for tackling your annual review meeting. The answer to this question...