The Financial Conduct Authority (FCA) has changed the rules that govern how firms must connect their data to the pensions dashboard service ahead of planning implementation dates.
The modification means firms will be compliant with obligations under Conduct of Business (COBS) 19.11 when they connect to the central digital architecture (CDA) in line with their connection deadlines, which run up to 31 October 2026. Firms which connect before this deadline will be compliant with all the regulations' provisions for "at least 80% of its relevant pension scheme members", the FCA said. It added previous rules would potentially "deter firms" from complying with their connection deadlines if they were not able to comply with COBS 19.11 for all of their relevant scheme m...
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