TPR warns 'still a lot to do' on pensions dashboards preparations

The Pensions Regulator (TPR) has shared a series of short films highlighting the difference pensions dashboards could make to savers as part of its campaign to get the pensions industry dashboard ready.

TPR began its campaign to encourage greater industry preparation after its research showed that while eight in 10 schemes say they are on track to connect in line with dashboards on time, one in four still hold some form of non-digital dashboard data, and many hold out of date information on the value of savers’ pensions.

The latest step in the campaign, TPR shared the films on its social media channels and with industry stakeholders to maintain momentum as schemes prepare, by bringing to the fore the savers this will benefit.

“The message to industry from our powerful, new films is clear: savers are ready, are you?" TPR director of supervision, David Walmsley, said.

“From speaking to savers, it’s clear that dashboards will make a huge difference to them – not only to track their pensions but help to find lost memberships and better plan for their future."

Focus on pensions dashboards has been ramping up recently, with the first batch of pension schemes set to connect to the pensions dashboards system this month, while all schemes are set to have connected by October 2026.

However, Walmsley warned that whilst progress has been made agead of this, there is still "a lot to do", confirming that TPR is looking to support schemes in preparing for their dashboard duties through regular communications, awareness campaigns and engagement.

TPR confirmed that it is also engaging with administrators and professional trustee firms, having previously launched a regulatory initiative looking at schemes’ controls around measuring and improving data in October 2024.

It also confirmed that it will be engaging with schemes to understand in more depth the quality of their data later this year.

"It is important trustees and administrators ensure they are taking the right steps now to prepare for dashboard connection and to prepare their data," Walmsley said.

“As a regulator, we will be ramping up our focus on data over the coming months so we can be confident that savers reap the benefits of a service they so clearly need.”

In particular, TPR urged pension scheme trustees to prioritise five key actions:

- Prepare data now
- Download TPR’s checklist to keep on track of dashboards preparations
- Nominate a dashboards contact through TPR’s Exchange portal
- Work with administrators, AVC providers, and others supporting the scheme throughout the process
- Keep a record of decisions and preparations



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