PDP on schedule with pensions dashboards' development

The Pensions Dashboards Programme (PDP) is on schedule with the development of pensions dashboards against the timetable it set out in October 2020.

In a blog, PDP programme director, Richard James, said that the programme remains “on track” and it expects to have the first users within dashboards later this year.

James praised the data and dashboard providers that had volunteered to work with the PDP, saying the programme owed them a “huge debt”, as with their support it could fully test the technology.

“Their own work is coming along well, and we have established close connections with them that will allow us to move into integration and test with them over the coming months – thereby proving the technology end to end,” he continued.

“As we complete that work later this year, we will accelerate our work to prepare for staged onboarding.

“During that time, we will work with our first consumers to continue improving dashboards themselves, while making sure that our support arrangements and onboarding processes are ready to support the rest of industry as we move into compulsory onboarding.”

With just 12 months until the largest schemes start to onboard to dashboards, James pointed to the Pensions and Lifetime Saving Association’s checklist for schemes to prepare, as well as the PDP’s data providers hub and steps for connection.

“Time isn’t slowing down and neither are we,” James stated. “Given how far we’ve come in the past year, I have no doubt that the programme will have moved on significantly in another 12 months.

“We will be ready. Will you?”

    Share Story:

Recent Stories

Are current roads into retirement delivering member value?
Laura Blows explores HSBC Master Trust’s recent report, Converting pension pots into incomes, with HSBC Retirement Services CEO, Alison Hatcher.

Savings and finance at retirement
Laura Blows is joined by Claire Felgate, Head of Global Consultant Relations, UK, at BlackRock, to discuss savings and finance at retirement. Please click here for an edited write-up of the video

Making pension engagement enjoyable through technology
Laura Blows speaks to Nick Hall, business development director and Chartered Financial Planner at UK-based Wealth Wizards about the opportunities that technology provides for increasing people’s engagement with pensions and increasing their retirement wealth. Please click here for an edited write-up of the video

Pension portfolios – the role of asset-backed securities
Laura Blows is joined by Royal London Asset Management (RLAM) head of sterling credit research, Martin Foden, and its Senior Fund Manager, Shalin Shah to discuss the role of asset-backed securities (ABS) within pension fund portfolios
Incorporating ESG into fixed income
Laura Blows is joined by TCW head of fixed income ESG, Jamie Franco, to discuss incorporating environmental, social and governance (ESG) strategies into fixed income portfolios