Pensions Dashboards Week: Data accuracy is key, experts say

'No room for assumptions when it comes to dashboards'

Julia Bahr
clock • 2 min read

On the last day (7 October) of Bravura’s Pensions Dashboards Week, Bravura head of data Andre Vermeulen and mypensionID managing director Lisa Lyon looked into what is needed for pension dashboards to work smoothly.

The virtual event took place between 3 and 7 October. It explored best practice when connecting to the pensions dashboards ecosystem, as well as encouraged wealth platforms, providers, schemes and third-party administrators to consider the possibilities that dashboards present. As much as data simplification in the world of pensions is essential for dashboards to work, there are consequential questions of data accuracy, Vermeulen said at Bravura's webinar. "Many pension schemes have been focusing on improving their data for some time but errors are bound to happen." "Pension providers...

To continue reading this article...

Join Professional Adviser for free

  • Unlimited access to real-time news, industry insights and market intelligence
  • Stay ahead of the curve with spotlights on emerging trends and technologies
  • Receive breaking news stories straight to your inbox in the daily newsletters
  • Make smart business decisions with the latest developments in regulation, investing retirement and protection
  • Members-only access to the editor’s weekly Friday commentary
  • Be the first to hear about our events and awards programmes

Join

 

Already a Professional Adviser member?

Login

More on Pensions

IHT on pensions to cause 'operational complexity and risk' for providers

IHT on pensions to cause 'operational complexity and risk' for providers

Expected to lead to delays in payments to beneficiaries

Isabel Baxter
clock 31 January 2025 • 3 min read
DB transfer advice slows since FCA's 2020 crackdown

DB transfer advice slows since FCA's 2020 crackdown

Many firms have stopped offering DB advice, regulator finds

Isabel Baxter
clock 30 January 2025 • 2 min read
SSAS and divorce: Everything advisers need to know

SSAS and divorce: Everything advisers need to know

'It's estimated that only 4% of divorces include a pension'

Caitlin Southall
clock 30 January 2025 • 5 min read