Pensions Dashboard Week: Data security critical to rollout

Failure to maintain data security could harm member engagement

Martin Richmond
clock • 2 min read

Pension schemes and their administrators have been urged to ensure they have sufficient data security ahead of the launch of the pensions dashboards project.

Speaking yesterday (4 October) on a Bravura webinar, KGC Associates director Lesley Carline identified data, implementation and resources as the three areas of concern ahead of the dashboard rollout, which is set to begin next year. Carline highlighted a recent report from Bravura and KGC Associates, which found data security is a key concern for scheme administrators ahead of the rollout of the dashboards. She said: "As an industry, our purpose is to deliver good member outcomes, and to do that it begins and ends with data." She added the security of data was a top concern for scheme...

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

Finance Bill LTA provisions a 'rushed job' ahead of April

Finance Bill LTA provisions a 'rushed job' ahead of April

LTA provisions remains a concern in the latest Finance Bill

Jonathan Stapleton
clock 23 February 2024 • 1 min read
FCA warning for duo over 'seriously flawed' DB transfer model

FCA warning for duo over 'seriously flawed' DB transfer model

Two warning notices have been issued to unnamed individuals

Hope Coumbe
clock 21 February 2024 • 1 min read
DB transfer complaints: A difficult balancing act for all parties

DB transfer complaints: A difficult balancing act for all parties

The legal perspecitve on DB transfer complaints

Claire Carroll and Laura Norris
clock 21 February 2024 • 4 min read