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The Pension Schemes Bill completing its passage through Parliament was an important milestone for the Pensions Dashboards Programme. It unlocks the next stage of law-making around pensions dashboards.

Pension providers urged to get their data ready as the Pensions Dashboards Programme publishes data standards to underpin initial dashboards.

Chris Curry, Principal of the PDP reflects on the challenges involved in publishing the first set of data standards for initial dashboards.

Pension providers urged to get their data ready as the Pensions Dashboards Programme publishes data standards to underpin initial dashboards.

PDP ran a Call for Input (CfI) on data standards receiving 61 responses from a range of consumer facing and pensions industry organisations.

A pensions dashboard will show a user their pensions information online, securely and all in one place. It sounds simple, but multiple parties and technical services need to be connected – in what we’re referring to as an ecosystem – to make dashboards work.

PDP is entering the next stage of the process to build the technology which will enable individuals to view all their pensions via their chosen dashboard.

The PDP is looking to engage with interested and qualified suppliers and pensions industry organisations to provide the high-level requirements.

A key element is our development of data standards which pension providers and schemes have to comply, as published in our working papers.

Guy Opperman, Minister for Pensions and Financial Inclusion, talks about how the Call for Input marks an important step towards savers taking greater control of their financial futures.