Implementing pensions dashboards is a significant undertaking and is constrained by several dependencies. Given the scale and complexity of the UK pensions industry, there will be a staged approach to the onboarding of providers and schemes.
Programme timeline
The Phases
Phase
0
Complete Programme mobilisation
This phase involved moving the programme out of the Department for Work and Pensions (DWP) and into MaPS. DWP set a number of criteria to complete, including the appointment of a Principal, setting up a steering group and an initial setup plan.
Phase
1
Complete Programme setup and planning
This phase involved setting up the programme, which included recruiting the team, agreeing the architecture, setting up working groups, seeking approval to commence procurement for a supplier or suppliers for the digital architecture and setting the first iteration of data standards – and procuring the digital architecture.
Phase
2
Complete Develop and test phase
Upon the completion of our procurement, we worked with our chosen supplier to begin building, integration and testing of the central digital architecture. During this time, we continued to develop standards and selected the first dashboard providers for user testing.
Phase
3
From 2022 Voluntary connection and ongoing testing
This is the point at which we will connect volunteer pension schemes and providers to the service, using real data. It also represents the point at which the programme is most reliant on other organisations’ willingness to participate, before they are required to by law.
Phase
4
From 2023 Staged connection and dashboards available point
In this phase, schemes and providers will begin to be compelled to connect to the pensions dashboards ecosystem by law. We will reach the ‘dashboards available point’ during this phase.
Phase
5
From 2024 Transition to business as usual
This phase assumes a high level of coverage, meaning that the service can be transitioned into an ongoing delivery and maintenance arrangement.