Finally, schemes need to be aware of the principles adopted by The Pensions Regulator and the Financial Conduct Authority for the dashboards compliance regimes.
Nigel Peaple, director of policy and advocacy at the PLSA, said: “Successfully delivering dashboards presents many significant challenges and there is much to be resolved in a short amount of time.
“We know the Department for Work and Pensions, Maps, the PDP and others are busy working on the issues we highlight here. The sooner the pensions industry has clarity on the seven key issues highlighted here, the sooner progress can be made.”
Fatima Benkhaled is an editorial intern at FTAdviser's sister publication Pensions Expert