Organisations can see how their own dashboards could work
No need for pension providers to build their own dashboards
Pensions truly become part of wider holistic financial view and financial wellness
Moneyhub, the award-winning Open Data platform and alpha partner to the Pensions Dashboards Programme (PDP) launched its alpha sandbox to show how pensions dashboards could potentially work from end-user and technical perspectives. Moneyhub launched the sandbox due to high demand from pension providers, master trusts, and employee benefits consultancies.
Starting in April 2023, it will be mandatory for pension providers to make their data available to dashboards, but they can choose whether to provide a dashboard themselves.
Since the Programme is already in its alpha build and test phase, many organisations have started to consider offering their customers a dashboard service and, if so, what their options are for doing that.
Pensions Dashboards will revolutionise pension data providers’ customer service. They will enable savers to securely search for all their pensions, and show them an indication of their total pension position. Moneyhub is building a dashboard service that, in addition, allows savers to export their data and take whatever next steps are right for them.
Moneyhub’s dashboard can be customised and fully integrated with clients’ existing platforms, apps and tools. Alternatively, clients can use Moneyhub’s Open Finance APIs and build their own front-end solution.
A further element is access to Moneyhub’s Open Finance ecosystem. After using a dashboard, customers will see their pensions within the wider context of all of their financial assets including investments, savings, property, mortgages, and more.
Moneyhub is actively collaborating in the PDP alpha phase running through to the summer of 2022. Meanwhile, organisations can better understand the implications for them by working with Moneyhub and explore the Moneyhub pensions dashboard alpha sandbox.
Dave Tonge, Chief Technology Officer at Moneyhub said: “To support organisations in understanding how pensions dashboards could work for them, from both end-user and technical perspectives, we’ve launched a public alpha sandbox. As well as learning about the Moneyhub solution, the sandbox will help organisations comply with and benefit from pensions dashboards.
“Providers are considering how to address this opportunity, with already stretched technology teams. Licencing Moneyhub’s solutions could enable them to easily offer their customers a dashboard.”
Find out more how Pensions Dashboards can help your business.
Moneyhub Contacts
Ingrid Anusic
Marketing Director, Moneyhub
ingrid.anusic@moneyhub.com
M: +44 783 722 6553
About Moneyhub
Moneyhub is a global ISO 27001 certified software developer of Open Banking, Open Finance, and Open Data applications. Its FCA-regulated Open Data platform enables companies to quickly and easily transform data into personalised digital experiences and initiate payments. Its APIs and fully customisable platform provide data aggregation, insights, notification nudges, and payment systems. As a result, clients have the consent-driven data and analytics they need to create super-personalised offers, products, and services. Hundreds of organisations, spanning finance to media and retail, rely on Moneyhub’s award-winning technology.
For more details, please visit www.moneyhub.com