25 January 2022 – Ipsos Mori research (Pt 2)
19 January 2022 – ABI Research Reports
The ABI publishes two research reports:
- One, by BritainThinks, from consumers’ perspectives;
- The other, by ABI itself, from interviews with industry stakeholders.
The gap in expectations could not be clearer. For example: BritainThinks found “consumers expect the ‘basics’ [such as completeness of data] to be nailed”, but ABI found “data will only be returned once matching data is accurate and matching standards are reasonably designed”.
It’s clear that a major part of dashboards success will be managing savers’ expectations.
18 January 2022 – WPC Report
The Work and Pensions Committee (WPC) publishes a report on the pension freedoms, also looking at dashboards. The Committee believes the dashboards policy has the potential to be highly influential, as long as the implementation is resourced properly:
12 January 2022 – GB Retirement Survey
interactive investor (ii) publishes the Great British Retirement Survey 2021. In Spring 2021, 10,000 online respondents were asked how many pensions they have. Of the non-retired respondents, only a quarter said they have one pension; the rest said they have more than one, or don’t know. The ii report says that dashboards “cannot come soon enough”.
11 January 2022 – Dashboards blog
In a blog article, PDP Director Richard James explains how PDP will develop the market for dashboard providers during 2022.
10 January 2022 – Romantic in its simplicity
10 January 2022 – Capita preparations
In a LinkedIn article, Capita Director of Pensions Policy Anish Rav outlines what they are doing to help their clients prepare for dashboards.
3 January 2022 – Early retirement complications
A Pensions expert article refers to a PMI survey about the upcoming changes to Normal Minimum Pension Age (NMPA). Surveying 2,000 individuals at the end of 2021, the PMI found that only 4% knew that the current NMPA is 55, let alone that it is increasing to 57. The extent to which dashboards need to make clear, and understandable, what the NMPA is for each pension needs to be thoroughly tested with savers during 2022.