The Association of British Insurers (ABI) has formed a dedicated team to take forward its pensions dashboard project.
The ultimate goal, for delivery in 2019, is for savers to be able to see all their pension entitlements together online - including their state pension and any defined benefit or defined contribution pensions.
The new team will be led by ABI director of long-term savings and protection Yvonne Braun and will be supported by two full-time members of staff. Additional technical support will be drawn from within the ABI and from external contributors.
The team will also include Alastair Horn, a consultant who helped the ABI deliver Flood Re, a re-insurance scheme developed by the industry and government to help households in flood risk areas to find affordable home insurance.
Braun said: "Taking the pensions dashboard from a concept to a working prototype and then to full roll-out in 2019 is going to take a huge amount of work and depends on successful collaboration across all parts of the sector. Creating a prototype is only the first step but one which will be crucial."
Horn added: "I'm delighted to be back supporting the ABI at the start of this major project which has a clear and compelling purpose. There's already a high level of involvement from leading pension companies, technology companies and government departments. Bringing together processes, technologies and participants to prove the proposition is at the heart of this prototype phase."
More than a dozen pension companies have now signed up to the pensions dashboard project. They are to be joined later by a range of financial technology companies to make sure the project benefits from the latest thinking and innovation.
Technology platform PensionSync has partnered with quantum employment pioneer My Digital to help contractors and employers manage pensions as more workers do temporary work for multiple firms.
Capita Pensions has partnered with data technology solutions firm Intellica to tackle the GMP equalisation challenges facing pension schemes.
The Hewlett Packard Retirement Benefit Plan has reappointed EQ Paymaster as its third-party administrator (TPA) for five years.
Schemes and their administrators have rightly received much praise for ensuring that pensions have continued to be paid in full and on time during an unprecedented period of disruption.
London Borough of Hammersmith and Fulham to transfer pensions administration services following review
The London Borough of Hammersmith and Fulham is looking to transfer its pensions administration service to a new provider towards the end of 2021, following an independent review.