United Kingdom | Publication | September 2024
The Pensions Dashboards Programme has published version 1.1 of its draft code of connection which sets out how pension providers and schemes are to connect to the dashboards ecosystem, and what they need to do to remain connected.
The dashboard system will eventually enable millions of savers to connect with multiple schemes from various providers and pension providers have until October 31, 2026, to connect to the system.
All Pensions Dashboards Standards are published as “draft” until approved by the Secretary of State. The code of connection details the mandatory requirements that must be met, as well as the recommended ways in which participants should implement them.
The code of connection will combine the required security and operational standards, which ecosystem participants will have to adhere to. It will provide a standard of expected behaviour to protect all ecosystem participants.
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