Tag Archives: open finance

A radically simple solution to dashboard delivery.

Pension Bee has produced two important papers in the past week. The first is its response to the FCA’s call for input on Open Finance The second is yesterday’s public  call to action to bring open pensions as part of … Continue reading

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Client onboarding & the cost of advice

Heather Hopkins explains why we need open finance. A debate erupted between Henry Tapper and Rob Reid recently on Twitter, which came down to a stat published by NextWealth: it costs £1,500 to onboard a client. Henry asked “are advisers who charge less … Continue reading

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“If you want a do-it-all dashboard – you’ll have to wait a decade”.

Speaking at an AgeWage/FDATA event last night, Romi Savova told a packed house that the MAPS dashboard could do little more than find people’s pensions with the detailed information we need to take decisions on our pots delivered off-dashboard via … Continue reading

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Why delays in dashboard delivery hit the worst-off hardest

  This blog looks at how the information from the pensions dashboard could help those on low incomes with low savings and it focusses not on how they save, but how they spend their savings. I had hoped , following … Continue reading

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Answering customer’s questions means knowing what those questions are

In this blog I talk about the failings of the financial services industry – the pensions industry in particular – to answer the questions people have. I look at this at three levels – at big data level – through … Continue reading

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Will open finance transform financial services?

  In case we had any doubt what the answer should be, the Financial Conduct Authority asked for “proposals on how open finance could transform financial services”. There were other words for ‘how’ such as whether or if, but how was … Continue reading

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When will pensions move out of the “paper age”?

Today the Pensions Bill will sit within the Queen’s speech and within the Pensions Bill will be proposed legislation to make it mandatory for pension schemes of all DC persuasions , to provide digital data to a pension dashboard. The … Continue reading

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Open finance opens doors (to pension dashboards)

Pension Dashboards got a much needed shot in the arm from the FCA yesterday , with the publication of a “Call for input” on Open Finance from the FCA yesterday. The document sets out a route-map to better financial services … Continue reading

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