PASA releases Dashboard Toolkit

The Pensions Administration Standards Association (PASA) has released a new Dashboards Toolkit in response to a need for further help in implementing dashboard responsibilities.

The first release includes a questionnaire for trustees to issue to their additional voluntary contribution (AVC) providers in advance of connecting their scheme AVCs to the dashboard, a checklist and suggested list of activities for administrators to connect to and maintain AVC data, as well as a list of AVC providers and their connection methods.

PASA said the toolkit will be updated with more content over time.

Commenting on the release, PASA Dashboards Scheme Configuration sub-group chair, Geraldine Brassett, said: “PASA has received many requests for support with the practicalities of connecting AVCs to dashboards.

“These new releases will allow administrators and trustees to begin the next step on their dashboards journey.

“We hope the Dashboards Toolkit will become a valuable resource for industry as it ramps up preparation for dashboards. We’ll be adding more content to it on a regular basis.”

Adding to this, PASA Dashboards Working Group co-chair, Maurice Titley, commented that PASA understands the importance of ensuring the “right data” is made available to pension savers.

“Trustees and administrators are now focusing on ensuring they not only meet their compliance duties but also provide the best saver experience,” Titley explained.

“Connecting AVCs to pensions dashboards is a key issue and we hope the AVC content of the Dashboards Toolkit will help schemes in achieving both these objectives.”



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