iPensions Group has confirmed integration with the Origo Dashboard Connector (ODC) as part of the UK Pensions Dashboard Programme (PDP).
The integration reinforces iPensions Group’s compliance and technological readiness, strengthening its position as a digital-first leader in the pensions industry. Connecting its pension schemes to the Pensions Dashboard was a vital step in meeting regulatory obligations and supporting greater transparency in pensions. The dashboard will empower UK consumers by giving them a secure, single view of all their pension information, helping them make informed decisions about their retirement planning.
Utilising a custom-built internal platform that eliminates the challenges posed by data silos, iPensions Group’s platform enabled complex pension calculations and the provision of Estimated Retirement Income (ERI), all in compliance with technical data standards.
Coming in ahead of schedule, the connection with Origo Dashboard Connector was facilitated by Origo having already confirmed ODC operational acceptance with PDP, the connection process to the ecosystem for iPensions Group took just a few days to complete.
Hrishi Kulkarni, Chief Technology Officer at iPensions Group, said: “Technology is facilitating our compliance with regulatory requirements and enhancing operational efficiencies throughout the company. Leveraging our expertise and our relationship with Origo, we were able to swiftly adapt to the dashboard’s data requirements. Our readiness reflects a long-term vision. Over the past 7–8 years, we have worked diligently to break down data silos, enhance data quality, and ensure our platform can handle complex pension calculations. Today, we are proud to say that our in-house, fully owned, and developed pension platform is fully integrated with PDP standards.”
Anthony Rafferty, CEO of Origo, said: “It has been a pleasure working with iPensions Group and helping the company achieve its ‘connect by’ date. To be among the very first providers to connect is a fantastic achievement. It really showcases that it is possible for connection to occur quickly and smoothly. Origo is proud to have facilitated the connection and we’re looking forward to connecting more providers in the near future so millions of individuals will be able to benefit from the dashboards once they go live.”
About PDP
The UK government has formalised its intentions to deliver pensions dashboards through the Pension Schemes Act 2021 and The Pensions Dashboards Regulations 2022. This legislation sets out the timeline and the requirement for pension providers and schemes to connect to the pensions dashboards ecosystem. It also empowers the Money and Pensions Service, through PDP, to create standards for dashboards with the approval of the Secretary of State for Work and Pensions.
The Financial Conduct Authority (FCA) and The Pensions Regulator (TPR) will support pension providers and schemes to comply with regulations. The provision of pensions dashboards will be an FCA regulated activity. Organisations wishing to become pensions dashboard providers will have to apply for FCA authorisation and adhere to FCA conduct rules.
Further information is available here: https://www.pensionsdashboardsprogramme.org.uk/
