Chris Curry appointed as dashboard delivery group principal
The Money and Pensions Service (MAPS) has appointed Chris Curry as principal of the Pensions Dashboard Industry Delivery Group.
Curry - who is director of the Pensions Policy Institute and co-chaired the government's auto-enrolment (AE) review in 2017 - will establish the delivery group which is formed of stakeholders from across the pensions sector. The group will work to develop the data standards and other criteria that any pensions dashboard will need to meet.
The body will be first to host the pensions dashboard when it launches in a non-commercial form, which is expected to be later this year.
Pensions and financial inclusion minister Guy Opperman said: "Chris Curry has a wealth of experience driving forward innovation in the pensions industry. His appointment to lead the latest of our truly transformative reforms is an important moment.
"Pension dashboards will deliver a digital revolution, transforming how people plan for retirement by allowing everyone to see their savings online in one place.
"This is a pivotal year for the project. As [the] industry begins to create and test consumer-facing models later this year, Chris and his team will have a crucial role in agreeing data standards and developing the technical architecture underpinning dashboards."
A focus of the delivery group's work will be to make sure that all dashboards are consistent, easy-to-use and contain all the information people need in order to feel confident and informed in engaging with their pensions.
The MAPS will begin work to design, test and build a consumer facing dashboard, working closely with the delivery group.
Chairman Sir Hector Sants said: "Our vision is a society with everyone making the most of their money and pensions. When nearly half of UK adults say that they don't feel confident in making decisions about financial products and services, it's essential that through the pensions dashboards we create a platform for people to engage more easily with their pensions throughout their lives.
"I look forward to working with Chris and the industry delivery group, to ensure that through the pensions dashboards that people have access to the information they need, how they need it, in an accessible and user-friendly format that they can rely on."
Curry added: "I am delighted to have the opportunity to be involved in something as important as the pensions dashboard. Building on the success so far of AE, pensions dashboards have the potential to improve retirement outcomes for many people, and I look forward to leading the team driving this forward."
Curry is also a member of the Universities Superannuation Scheme's joint expert panel. He was previously a senior economist at the Association of British Insurers, and an economic adviser at the Department for Work and Pensions.
The government's feasibility study for the dashboard, published in December, outlined plans for an initial non-commercial dashboard, which could be followed by more commercial dashboards over time.
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