Three more major pension providers have confirmed successful connections to the pensions dashboards ecosystem, as staging deadlines approach and regulatory scrutiny intensifies.
Nest, which serves more than 13mn members, has connected to the ecosystem and committed to supporting the Money and Pensions Service’s consumer testing phase this summer. Chief customer officer Gavin Perera-Betts called the move “a significant achievement” that would improve visibility over retirement savings.
Smart Pension said its 1.5mn members are now connected via its in-house Keystone platform, one of the few proprietary tech systems used for dashboard integration. The firm expects to reach £10bn in assets under management by next year.
XPS Group has connected over 600,000 members across more than 20 schemes since April, becoming one of the first large administrators to reach that scale. Managing director David Watkins said the milestone reflected XPS’s commitment to improving member outcomes.
The dashboard project will ultimately allow savers to view all their pensions in one place. Public dashboards are expected to go live from 2026, with large schemes and FCA-regulated firms due to connect by 31 October 2026 under Department for Work and Pensions guidance.
However, the Pensions Regulator has warned that poor data could derail preparations. Interim executive director Julian Lyne said: “Better, more accurate data… is absolutely fundamental to the success of the Pensions Dashboards programme. Done well, data can become a pension superpower.”
Other providers already connected include:
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Legal & General – L&G, along with technology firms Heywood and Pension Fusion, were the first firms to pass the final stage of the connection process in April
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Standard Life – The connection formed part of a Group wide initiative and Phoenix Group has successfully completed its connection as part of the project
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Aegon – Aegon has successfully connected its largest schemes – covering around 70% of Aegon’s policies
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AJ Bell – AJ Bell has completed its connection to the pensions dashboard
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Royal London – Royal London was amongst the first tranche of pension providers to successfully connect to the Pensions Dashboards Programme (PDP) Ecosystem