Pensions administrator Capita Pension Solutions has connected its first client to the pensions dashboards ecosystem.
The firm said it is an active supporter of the Pensions Dashboards Programme (PDP) and was one of the original volunteer ‘Alpha Participant Testing’ partners. It will be using their integrated service provider solution to connect members to the ecosystem.
Chris Clements, managing director of Capita Pension Solutions, said the successful first connection to the pensions dashboards ecosystem was a “significant milestone” for them.
“We are looking forward to continuing to work with PDP to make pensions dashboards a reality, creating better outcomes for pension scheme members.
“Dashboards will be a game changer in helping savers to find their pensions and understand what their overall pension picture looks like, in one secure digital place.”
Research conducted by Capita in 2023, before there was much public awareness of dashboards, found that 65 percent of respondents would be willing to use a pensions dashboard, demonstrating clear evidence of user demand.
