Adrian Boulding: The digital pensions future started last month

On 13 January 2018, ‘open banking' went live in the UK, underpinned and indeed required by the EU's second Payment Services Directive - or ‘PSD2'. So what, I hear you ask, is open banking and what should it mean to consumers and financial advisers? Open banking is a framework of standards and protocols that has been thrashed out by the Open Data Institute on behalf of HM Treasury to enable specified data to be sent between banks and FCA-regulated third parties - and all authorised by customers themselves. Paul Lindsell: Could 'open banking' data spark financial services innovation? ...