Important
Government has announced its intention to legislate to amend the staging timetable (connection deadlines) to allow more time for the technological system enabling dashboards to be delivered. As a result, all schemes' deadlines will be changing.
While you won’t have a confirmed connection deadline at the moment, there is still a lot of preparation work for your dashboards duties. We encourage you to make the most of this time and you can use our checklist to see which actions you should already be working on. You can also stay in touch with us to make sure you receive updates from us about dashboards.
While you do not have a confirmed connection deadline at the moment, there is still a lot of work to prepare for your pensions dashboards duties. We encourage you to make the most of this time.
You can use this checklist to ensure you are on track to meet your duties.
| Preparation checklist | Relevant guidance | Your status comments |
|---|---|---|
| Start now: general tasks | ||
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Establish pensions dashboards as a regular agenda item at board meetings |
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Discuss pensions dashboards with your administrator and other relevant parties (such as software provider, actuary, legal adviser, employer, additional voluntary contribution provider) |
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Explore your route to connection – either building your own interface or using a (new or existing) third-party solution |
Connecting to pensions dashboards - choosing a digital interface |
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If required, appoint new suppliers or revise contracts for existing suppliers |
Connecting to pensions dashboards - choosing a digital interface | |
| Start now: data tasks | ||
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Understand what personal data you will receive from the digital architecture to help you match members to their pensions |
Matching people with their pensions | |
| Assess the quality and digital accessibility of personal data in your records | Matching people with their pensions | |
| Consider which data items you will use to confirm matches are made or that there are possible matches | Matching people with their pensions | |
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Where your member personal data needs improving, put plans in place to deliver the improvements |
Matching people with their pensions | |
| Understand what data you will need to return to members and by when | Information to provide to members | |
| Assess the quality and digital accessibility of the data that will be provided to your members | Information to provide to members |
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| Consider how you will calculate the value data so that it is provided in line with dashboard requirements – calculated in line with AS TM1 or scheme rules, and sufficiently recent | Information to provide to members | |
| Where value data is not in line with dashboard requirements, put plans in place to ensure you can meet your dashboard duties |
Information to provide to members |
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| Ongoing actions | ||
| Stay up to date with developments to the regulations, Money and Pensions Service standards and our guidance | Stay in touch with developments | |
| Check that your team and suppliers are on track to deliver | Overview - working with advisers and providers | |
| Record key decisions and progress as per your existing governance processes | Ongoing connection and record-keeping requirements | |
| Review and update your Data Protection Impact Assessment (DPIA) in line with your data improvement plan | Matching people with their pensions - preparing your data for matching | |
Download a Word version of the dashboards preparation checklist (DOC, 15kb, 2 pages).