Pensions dashboard 'UMA': The acronym to make a dream into reality

Dashboard has broad suport

clock
"None of us underestimates the sheer scale of the challenge of creating an interface for people to find, monitor and manage their pension savings."
Image:

"None of us underestimates the sheer scale of the challenge of creating an interface for people to find, monitor and manage their pension savings."

In the face of the daunting task of setting up a pensions dashboard that consumers can trust, Nick Caley and Michael Roe say user-managed access (UMA) is a little known but essential starting point

In the face of broad support for the pensions dashboard, Work and Pensions Secretary Esther McVey has backed the pensions industry to deliver one easy-to-use tool. None of us underestimate the sheer...

To continue reading this article...

Join Professional Adviser

 

  • 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.
  • Tap into our community intelligence through our regular Pro Adviser poll.
  • 
 Be the first to hear about our events and awards programmes.

Join

 

Already a Professional Adviser member?

Login

More on Technology

"The Coronavirus Act 2020 includes provisions to allow the extension to any of the powers contained within the bill and this issue should be raised urgently in government," said Graham Crossley, NHS pension specialist at Quilter.

End of Covid pension rules could see 7,000 NHS staff retire in March - Quilter

'Urgent action needed'

clock 17 January 2022 • 2 min read
"If the government sticks to its policy of linking state pension age to life expectancy , there would now be no case for raising pension age from 66 to 67 until 2051 - twenty three years later than currently planned, according to LCP.

Government's plans to raise pension age by 2039 'blown out of the water' - LCP

Life expectancy trends changing

clock 17 December 2021 • 2 min read
The issues cover the different layers of the dashboard ecosystem

PLSA launches dashboard guide with 26 urgent issues

Guide also identifies seven key areas where urgent resolution is needed

Holly Roach
clock 16 December 2021 • 2 min read