Pensions: Consumer Information

(asked on 10th December 2018) - View Source

Question to the Department for Work and Pensions:

To ask Her Majesty's Government what plans they have to ensure that pension data is accurate and reliable before it is loaded onto a Pensions Dashboard.


Answered by
Baroness Buscombe Portrait
Baroness Buscombe
This question was answered on 18th December 2018

The Pensions Dashboard feasibility study was published on the 3 of December and can be found attached. The consultation runs to January 2019 and all interested parties are invited to respond.

All pension providers have a responsibility to maintain high quality member data. Any activity to maintain or improve data quality will need to be progressed by providers before their data can be used on dashboards. There is already a significant amount of on-going work among providers of different types of schemes, in many cases working with The Pensions Regulator, to improve data quality.

The proposed industry delivery group will work with providers and schemes, including with the regulators where necessary, to set data standards and ensure that work takes place to meet these.

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