Regulator of Pensions Shares Readiness Assessment and Related Blog Post
The UK's pension schemes are making significant strides in connecting to the pensions dashboards ecosystem, with major players like Aon MasterTrust, Aegon, Standard Life, AJ Bell, and Legal & General meeting or exceeding initial connection deadlines such as 30 April 2025. The next key connection deadline for medium-sized schemes (2,500 to 4,999 members) is 31 August 2025, and all schemes with 100 or more members are expected to be connected by the legal deadline of 31 October 2026.
As the focus shifts towards data quality, The Pensions Regulator (TPR) is actively emphasizing the critical importance of having accurate and high-quality data for the dashboards’ success. Since October 2024, TPR has targeted schemes with poor data scores to review and improve their data quality, requiring trustees to develop and implement data improvement plans. Trustees are urged to engage administrators and AVC providers in strategic discussions and use new technologies to tackle accumulated "data debt," which can hinder efficient dashboard functionality and broader scheme objectives.
While specific security details are less prominently highlighted in the provided sources, the overall emphasis on quality and reliability implies adherence to strict regulatory and security standards, as the ecosystem requires instant and secure data exchange. TPR and the Pensions Dashboards Programme (PDP) provide detailed guidance, including updated advice on choosing digital interfaces and handling dashboards-related complaints, which encompass aspects of secure data handling and user protection.
In response to the need for improved data security, the Pensions Administration Standards Association (PASA) has issued new guidance titled "Securing Tomorrow: Essential Steps for Trustees and Pension Providers to Protect Member Data." This guidance seeks to "embed a culture of awareness across all stakeholders." It provides steps for trustees and pension providers to protect member data, including assessing, protecting, and responding to data security risks.
TPR and the PDP continue to update guidance and tools, including checklists for trustees to ensure compliance in connection, data readiness, and complaint recording processes. The PDP encourages voluntary connections by smaller schemes with fewer than 100 members, helping to broaden dashboard coverage.
In summary:
| Aspect | Current Status (Aug 2025) | |-------------------------|-----------------------------------------------------------------------------------------------------------------------| | Connection Progress | Majority of large schemes connected by April 2025; medium schemes deadline 31 Aug 2025; all >100 members by Oct 2026 | | Data Quality Focus | Intensive TPR oversight with data reviews, targets, improvement plans; emphasis on tackling longstanding "data debt" | | Data Security | Implied adherence to strict security standards via updated guidance on digital interfaces and complaint handling | | Guidance & Support | Updated TPR and PDP guidance, checklists, and FAQs; blog posts stressing accuracy and strategic data management |
These efforts aim to ensure a reliable, secure, and user-friendly pensions dashboard ecosystem ready for the government's planned public launch around 2026. Trustees and managers are urged to work with their administrators and AVC providers to ensure their data is dashboards ready, and to maintain a culture of awareness regarding data security across all stakeholders.
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