Collaboration is at the heart of the Pensions Dashboards Programme. Our programme sits at the intersection of government, regulators and the pensions industry and we all need to take action to make pensions dashboards happen.
Our introduction to delivery partners and programme dependencies video outlines how our collective effort will build dashboards.
Pensions dashboards: high-level activity phase plan
This diagram, which was originally published in our October 2020 Progress update report outlines the responsibilities of each participant in the journey towards dashboards. While PDP is at the heart of creating dashboards, the success of the programme depends on the cooperation of our delivery partners and the wider pensions industry.
PDP will deliver the digital architecture, along with the necessary governance, design and security standards. Our delivery partners:
- the Department for Work and Pensions (DWP)
- the Financial Conduct Authority (FCA)
- The Pensions Regulator (TPR)
will act in parallel. DWP will create the necessary legislation and supply State Pension information, while the regulators, FCA and TPR, will support data providers to comply with regulations.
Data providers (pension providers and schemes) will prepare their data to connect to the ecosystem. While dashboard providers will create dashboards so that users can access their pensions online, securely and all in one place.
There is a high level of interdependency between much of this activity. For example, the successful passing of the Pension Schemes Act in February 2021, created the legislative framework for the FCA to develop regulations by the FCA.
Find out more about the Pensions Dashboards Programme phase plan.