Nigel Tinsley, Pensions Director at BAE Systems and a founding member of the Forum, said “I’m delighted a Forum like this has been established to help pension schemes understand the implications of and the role they can play in Pension Dashboards .”
Forum members will receive regular briefings and will be able to attend regular events. ITM will develop Dashboard specific benchmarking to help schemes gauge where they are on the road to readiness. Amongst other subjects, issues and challenges will be discussed so that milestones can be properly understood and set.
Dan Hockley, Co-Founder and Director of ITM, added: “The principal aim of the Forum will be to help schemes plan and prepare. Dashboards can add so much to consumer engagement. A successful delivery of Dashboards will need to consider the “art of the possible” for pension schemes. Trustees are already asking us what Dashboards will mean to them and we are confident that the Forum will give them a regular flow of information and advice on ways to participate and prepare.”
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Duncan Howorth Executive Chairman, ITM Limited