Throughout 2020, the Pensions Dashboards Programme will be progressing the pensions dashboards initiative. A key element of our work is the development of the data standards with which pension providers and schemes will have to comply.
To aid the development of the Programme’s work in this area, we published our emerging thinking on Data Scope and Data Definitions in April 2020. The Data Scope Working Paper addresses the breadth of coverage of dashboards and the Data Definitions Working Paper explores the depth of information dashboards should display.
This is a formal Call for Input on our emerging thinking in the areas addressed in the two data Working Papers. It also sets out how we will take account of feedback from stakeholders to produce a first version of the data standards.
Why we are publishing this Call for Input
Under proposed new duties contained in the Pension Schemes Bill, pension providers and schemes will be required to make pensions information available to individuals when they request it via their chosen pensions dashboard.
Evidence from countries that have already launched pensions dashboards shows that it is essential to spend time upfront gathering as much industry input as possible in order to define the data standards for this purpose.
We are seeking input from industry stakeholders and other interested groups on the assumptions set out in the Data Scope and Data Definitions Working Papers to help shape the data standards for initial dashboards.
Who should read this Call for Input?
This document will be of interest to:
- consumer advocates.
- pension providers and schemes (and their pensions administrators and technology providers).
- other parties with an interest in pensions dashboards.
How to respond
To respond to this Call for Input, please submit answers to our online survey by 31st August 2020. The questions are available to view in the document below.
Any queries on how to respond, or if you’d like to email your response, please contact firstname.lastname@example.org.
In your response, please indicate the capacity in which you are responding and what, if any, organisation you are representing. If you would like the information that you provide to be treated as confidential, please indicate this clearly in writing in your response.Download document