Pension providers must embrace digital revolution

Commenting on the Pensions Dashboards Programme’s (PDP) consultation on data standards released today, Andrew Lowe, Pensions Dashboard Working Party Chair, Institute and Faculty of Actuaries said:

“The pensions dashboard will be a crucial tool in helping people understand what’s in their pension pot and plan for their retirement.

“We want to see all pension providers embracing the digital revolution in order to make pensions as accessible as possible. It’s also important we have a robust conversation about how data will be used, so that pension schemes can properly prepare to input into dashboards, and ultimately that people can get the most out of them.             

“Today’s PDP consultation gives the pensions industry an opportunity to input into this conversation, and we hope for a wide range of responses to inform government planning.”

Andrew Lowe is the IFoA’s representative to the Dashboard Programme.

~ENDS~

Contact
Sonia Sequeira, Media Relations Manager, IFoA
Tel: 07525 592 198
Email: sonia.sequeira@actuaries.org.uk

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