The Department for Work and Pensions (DWP) has launched a consultation seeking further views on the dashboards available point (DAP), and on the disclosure of information between the Money and Pensions Service (Maps) and The Pensions Regulator (TPR).

The DWP previously ran a consultation on the draft pensions dashboards regulations, which outline the requirements pensions dashboards and their providers, and the trustees and managers of relevant occupational pension schemes, will need to meet.

Feedback from this initial consultation argued that the DAP should be “carefully selected” and agreed on by DWP, Maps, TPR and the Financial Conduct Authority (FCA), with particular concerns raised that the availability of the state pension data could be the determining factor in when the DAP is.

In light of this, the DWP’s latest consultation, which closes on 19 July, has proposed including a provision on the DAP within the regulations, which would require the Secretary of State to issue a notice on when the DAP will be on the government website.

In deciding the date for the DAP, according to the consultation, the Secretary of State “must be satisfied that the dashboard ecosystem is ready to support the widespread use of qualifying pensions dashboard services”, including consulting with Maps, TPR and the FCA, and considering matters such as security and conformance testing.

The formal announcement by the Secretary of State would be a “final confirmation”, although DWP has committed to working transparently with Maps and the broader industry to provide updates on plans for the DAP “well in advance” of this formal notice.

Read more @Pension Age