The Pensions Dashboards Programme (PDP) has signed a contract with Capgemini for the delivery of its central technical architecture.
It involves the technology consultancy, working with its partner fintech company Origo, delivering the pensions finder service, consent and authorisation service and governance register, which will form a key part of the pensions dashboard ecosystem.
The conclusion of the five-month procurement process marks the end of the first phase of the PDP, which will now move into its development and testing phase, as indicated in the programme timeline. This will involve Capgemini and Origo building the software elements of the dashboards – which will enable users to see all their pensions data in one place – and testing the ecosystem with volunteer organisations.
Richard James, programme director of the PDP at the Money and Pensions Service (MaPS), which is leading the programme, commented: “Today’s announcement of a digital technology supplier marks the moment when dashboards move off the drawing board, and become real.”
He added: “PDP now formally moves into its delivery phase, and I am looking forward to working with our new supplier, and across the industry, to make a success of pensions dashboards, and enable individuals to take control of their retirement planning.”
Reality phase
Minister for Pensions Guy Opperman MP said: “This is a crucial milestone for the dashboards programme, taking things to the next phase, where the concept starts to become a reality.
“We’ve already put in place the primary legislation needed to pave the way for pensions dashboards. Now the programme, in partnership with Capgemini and Origo, can start to implement the technical elements, bringing the delivery of the first functioning dashboards even closer.”
Plans for the dashboard go back to the mid-2010s, but there have been considerable delays in implementing the programme. According to FT Adviser this has primarily been due to a lack of data from pensions providers to populate the dashboards.
The expected availability of data has apparently improved to the extent that MaPS is prepared to press ahead with the development.
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