Article summary
The Pensions and Lifetime Savings Association (PLSA) has warned that extensive user testing will be required to ensure pensions dashboards are safe for savers. The PLSA welcomes the two consultations by the Financial Conduct Authority (FCA) and the Pensions Dashboards Programme (PDP) on the standards for pensions dashboards but emphasises that testing of the final rules and standards will be essential. Testing needs to occur with real savers viewing their real connected pensions. The PLSA expects this testing to last until summer and potentially winter 2024.
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