The Pensions and Lifetime Savings Association (PLSA) comments on TPR’s pensions dashboards guidance.
Nigel Peaple, Director of Policy and Advocacy at the PLSA, said: “We encourage the trustees of every scheme, irrespective of when their staging window is, to engage with TPR’s very welcome guidance and understand their responsibilities for readying for dashboards.
“The PLSA has issued a checklist to help schemes understand what is required. While there are some actions that will be required of schemes that are not possible to start until the final regulations have been confirmed, there are plenty of actions trustees should be undertaking now. Know your dashboard staging window, make a plan, secure a budget and allocate resources; discuss your connection options with your suppliers; and understand the accuracy (not just presence) of the personal data elements held on your scheme.”
The PLSA’s ‘Pensions Dashboards: 12 months to connect pension scheme checklist’ is available via the PLSA website.
Mark Smith, Senior PR Manager
020 7601 1726 | [email protected]
Steven Kennedy, Senior PR Manager
020 7601 1737 | 07713 073024 | [email protected]