Four new firms have joined the Dashboard Operators Coalition (DOC), bringing the total number of members to 15.

Fidelity International, Mercer, Penny and Pension Lab all joined the industry coalition of potential operators of commercial pensions dashboards.

They join the ten existing member firms of the DOC: Aviva, Just Group, Legal & General, Mintago, Moneybox, Moneyhub, NatWest Cushon, Scottish Widows (part of Lloyds Banking Group), Smart Pension, and Standard Life (part of Phoenix Group).

Launched in March, the group aims to work with the government and regulators to ensure the successful launch of multiple dashboards for UK consumers.

Commenting on the new members, DOC chair and independent dashboards consultant Richard Smith said: "Especially since the onset of the Financial Conduct Authority's (FCA) Consumer Duty requirements, more and more pension providers are deciding they can only properly help their customers with retirement planning if they can show them all the pensions they've got, together.

"It's going to be so good for UK consumers to have so many opportunities to see their total pension position on whichever is their favourite and most trusted app, emulating the success on this we've seen in Norway.

"Soon, providers who don't intend to offer a qualifying pensions dashboard service (QPDS) will be the exception."

Fidelity International's head of workplace investing distribution, Dan Smith, added: "We believe pensions dashboards are fundamental to improving savers' retirement outcomes.

"Providing them with a single view of their pensions savings will help to increase levels of engagement, while addressing the challenges presented by a proliferation of small pots.

"The coalition presents an excellent opportunity for the industry to work together and share best practice, to support with the implementation of dashboards. We look forward to collaborating with its members to support the delivery of commercial pensions dashboards for the benefit of our retirement savers."

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