Bravura and Moneyhub have collaborated to build an end-to-end pensions dashboards programme.
The tech provider’s integrated service provider (ISP) microservice, Dashboards Connect, will connect and interact with Moneyhub’s pensions dashboard service (PDS), enabling users to view live pensions data.
A demonstration of the new setup will take place today (May 2) at the Pensions Administration Standards Association’s annual conference.
As part of the conference, Bravura will also connect its own PFS to its ISP, which it said will highlight how different dashboards can provide different services for clients.
In a statement released today, the two companies said despite a reset of data connection deadlines from the Department for Work and Pensions, the rest of the industry is “continuing to press ahead” with essential testing.
They have called on the Financial Conduct Authority, The Pensions Regulator and the Pensions Dashboard Programme to ensure the final rules and design standards do not hinder future PDS innovation.
Jonathan Hawkins, pensions specialist at Bravura, said the current delay to the PDP is a gift to the industry and one which should be used wisely.
“When dashboards are launched to the public, they will be a huge force for good so it’s important we work together to test and agree the right approach.
“Millions of people are expected to use dashboards to recover lost or forgotten pensions and much like other digital services, everyone will have a unique journey because of the variation of dashboards which are expected to be available to savers.
“The regulators and standard-setters must make sure they don’t unintentionally prevent access to the market for forward-looking firms by creating unnecessary barriers that could harm innovation.”
Dan Scholey, chief commercial officer at Moneyhub, added: “[The] industry can’t deliver dashboards on its own, but we can (and must) test and show what can be done both before and after the regulation kicks in.
"This early testing will really add value for industry, but more importantly, for consumers.”
sally.hickey@ft.com
