LCP Partner. Relationship management, connecting experts who care about outcomes and sustainability | Non Executive Director | Distribution and Marketing Consultant | Mentor
Tick Tock (not Tik Tok) ⚠️ "If we reach the stage of having to use our powers against the trustees or scheme manager of a scheme, it means savers are already at risk of not getting the full picture of their retirement savings." 💪 Powerful words from TPR today regarding the introduction of Pensions Dashboards, (link to article courtesy of Professional Pensions) Working with my colleagues in our Pensions Management Consulting Team, we have prepared a Pensions Dashboard readiness checklist which covers Governance, Matching, Pension Values, Technology and Working with your administrator. ⏰The clock really is ticking....if you need any help, information or support do get in touch - we have a team of experts already helping many clients. TPR urges schemes to 'act now' on pensions dashboards preparation (professionalpensions.com) #Dashboards #Trustees #pensionschemes
Associate Consultant at Lane Clark & Peacock
3moVery important message Lorraine Porter! I completely agree with the emphasis on early preparation for dashboards - I think one area that could be easily overlooked is how schemes will manage communication with members during this transition. Our checklist acts as a starting point to have these types of conversations with your administrators. It’s not just about being dashboard-ready internally, but also ensuring members understand how to engage with these new tools effectively!