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PASA chair Margaret Snowdon to sit on HMT dashboard steering group

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Margaret Snowdon, chairman of the Pensions Administration Standards Association (PASA), has been appointed by HM Treasury to the senior level steering group for the Pensions Dashboard prototype project, which was launched by the Economic Secretary to the Treasury at Aviva’s Digital Garage on 12 September.

Snowdon will be one of two independent members of the steering group and will represent the pensions industry by providing insight and challenge to the national initiative.
 
Snowdon says: “A pensions dashboard is a platform allowing any individual to see all their pensions pots in one place and, therefore, empower them to plan for the retirement in a much more practical and effective way – this can only be a good thing. However, to put such a system together brings some clear data and administrative challenges and the timeframe is short, with the first prototype to be ready by March 2017. At PASA we are very supportive of the dashboard concept and we are dedicated to devoting our time and energy to helping both administrators and schemes plan for their important role in a future dashboard or dashboards.”

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