Pensions  

Aegon to launch 'gamechanger' pensions dashboard

Aegon to launch 'gamechanger' pensions dashboard
Aegon's Nick Roy said the firm is assessing options for a commercial pensions dashboard. (Aegon)

Aegon is set to launch a pensions dashboard which it said will be a "gamechanger" in how people engage with their savings. 

It will allow savers to see all their pensions in one place and comes after the FCA published its pension dashboard rules for firms to follow when designing and operating a commercial pensions dashboard.

Nick Roy, director of client and partnership development at Aegon, said:  "Dashboards will be a gamechanger in how people engage with their pension savings, so we are focused on enhancing our customer offering and supporting better customer outcomes. 

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"We are assessing options that will allow us to ensure our dashboard meets and exceeds our customers’ needs. This considered approach will enable us to make our dashboard industry leading."

Aegon said it supports plans to prioritise the availability of the Money and Pensions Service's pension dashboard to consumers ahead of making Qualifying Pension Dashboard Services (QPDS) available.   

Roy added: "This will be another major step in the work we have already undertaken in building a leading digital savings and retirement platform.  

"Our award-winning collaboration with The Pension Lab has already seen us deliver an innovative solution to workplace members to help them track down and compare old pots."

Last month (October 21), the pensions minister set out how a government-backed dashboard would go live before commercial versions to test consumer behaviour and protection.

Emma Reynolds announced the MoneyHelper dashboard will be made publicly available before commercial dashboards are launched.

tara.o'connor@ft.com

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