Aegon has confirmed plans to launch its own commercial pension dashboard.
This announcement follows the FCA’s recent publication on the regulatory framework for pensions dashboard service firms. It says it supports government plans to prioritise the availability of Money and Pensions Service (MaPS) Pension Dashboard to consumers ahead of making commercial Qualifying Pension Dashboard Services (QPDS) available.
Aegon client and partnership director Nick Roy says: “Dashboards will be a gamechanger in how people engage with their pension savings, so we are focused on enhancing our customer offering and supporting better customer outcomes.
“We are assessing options that will allow us to ensure our dashboard meets and exceeds our customers’ needs. This will be another major step in the work we have already undertaken in building a leading digital savings and retirement platform.
“Our award-winning collaboration with The Pension Lab has already seen us deliver an innovative solution to workplace members to help them track down and compare old pots. Ensuring that we support customers at key life moments is at the heart of Aegon’s strategy and our aspiration is to be their pension partner for life by offering market-leading personalised support to and through retirement.”
Pensions dashboards will enable individuals to see all their pensions, including individual, workplace, private and public sector, defined benefit and defined contribution, and State Pensions, not yet in payment, online in one place.
