"A diverse universe of different dashboards, offered by pension providers, fintechs, banks & others, means more people will be able to see all their pensions together, on familiar apps they already use and trust."
- Volunteer DOC chair and independent dashboards consultant, Richard Smith
Three more fintech and master trust providers have joined the industry coalition of potential operators of commercial pensions dashboards.
Moneybox, NatWest Cushon and Smart Pension have joined the Dashboard Operators Coalition (DOC), working with government and regulators to help support the successful launch of multiple dashboards for UK consumers.
The three firms join other Coalition member firms: Aviva, Just Group, Legal & General, Mintago, Moneyhub, Scottish Widows and Standard Life.
Following the announcement, Legal & General confirmed that its pensions dashboard will leverage Moneyhub’s Open Finance technology to improve the experience for its 5.3 million DC members, with easy access to all their pensions data in one place.
Volunteer DOC chair and independent dashboards consultant, Richard Smith, said: "It’s so exciting that more and more firms are seeing clearly how commercial dashboards have the potential to revolutionise pensions offerings to consumers.
“A diverse universe of different dashboards, offered by pension providers, fintechs, banks & others, means more people will be able to see all their pensions together, on familiar apps they already use and trust.
“All the Dashboard Operators Coalition (DOC) member firms look forward to collaborating with government and regulators to successfully deliver multiple dashboards for UK consumers.”