Buck has picked Pension Fusion as their chosen technology to help clients transition to the Pensions Dashboard, according to Equisoft.
Buck has tested its system following the latest Version 0.11 standards for the Pensions Dashboard and integrated it with the Dashboard platform. This makes Buck the first Equisoft client to be ready for the Pensions Dashboard.
Buck is waiting for the Pensions Dashboards Programme (PDP) to finish its programme reset, which was prompted by the Department of Work and Pensions (DWP) setting a new deadline. Buck will finalise testing and establish full connectivity to the PDP once the program releases updated data standards and related technical guidance.
Equisoft product sales director Howard Finnegan says: “Buck has had access to our Pension Fusion system since January this year, and it has focused on loading and updating its fully anonymised test member data, in a process designed ultimately to integrate Pension Fusion with its existing administration system.
“This is a great example of how pensions providers and consultants can move towards the Pensions Dashboards within an existing framework. It will also ensure that Buck is ready to lead from the front in supporting the Pensions Dashboards Programme for its clients.”
Buck head of pensions administration Lee Cook says: “Pension Fusion is our chosen Dashboard partner, precisely because the product delivers exactly the level of data integration that we need. We have also been able to successfully link it to our own existing systems in a relatively short space of time.
“We stand ready to move forward with the Pensions Dashboards Programme and are delighted to be so far ahead of the curve in our systems upgrade and developments. Even though the Dashboard deadlines are still some way off, we know that delivering this support now is incredibly beneficial for trustees and plan sponsors and will allow them to improve engagement and provide an even better member experience.”
