Moneyhub, the award-winning Open Data platform and alpha partner to the Pensions Dashboards Programme (PDP) has responded to today’s ministerial statement on pensions dashboards.
Dan Scholey, Moneyhub Chief Commercial Officer said: “Today’s ministerial statement is disappointing for consumers but it does give an opportunity for commercial pensions dashboards to continue to accelerate their propositions to market which will delight their customers sooner rather than later.
It’s a reset on the dates when pension data providers will be making their live data available. Access to beta and test data is available now from our sandbox.
Much work on the testing of “front-end” dashboard customer journeys is required, and this work must continue so that this revised connection date for the provision of data doesn’t become a delay for consumers.
We know that many providers want to offer their customers a pensions dashboard. We would recommend pressing ahead with the following areas:
applying to the FCA for a Variation of Permission (VoP) to become authorised as a regulated pensions dashboard provider
undertaking the detailed customer journey testing required to support their application to the FCA
defining the data export and post-view service journeys following usage of a dashboard.
This will mean front-end dashboard customer journeys will be ready to provide maximum benefits for consumers as soon as the pension data providers are live.
In summary, always keeping the customer front of mind: a delay in data connectivity isn’t a reason to delay dashboards availability for consumers.”
Find out more how Pensions Dashboards can help your business.
Moneyhub Contacts
Ingrid Anusic
Marketing Director, Moneyhub
ingrid.anusic@moneyhub.com
M: +44 783 722 6553
About Moneyhub
Moneyhub is a global ISO 27001 certified software developer of Open Banking, Open Finance, and Open Data applications. Its FCA-regulated Open Data platform enables companies to quickly and easily transform data into personalised digital experiences and initiate payments. Its APIs and fully customisable platform provide data aggregation, insights, notification nudges, and payment systems. As a result, clients have the consent-driven data and analytics they need to create super-personalised offers, products, and services. Hundreds of organisations, spanning finance to media and retail, rely on Moneyhub’s award-winning technology.
For more details, please visit www.moneyhub.com