Moneyhub has also called for a greater emphasis on taking action as part of its response. In its response to the consultations ahead of the 16th February deadline, Moneyhub welcomed the FCA’s and PDP’s proposals, focusing in particular on the FCA’s enabling of industry collaboration. Multiple commercial pensions dashboards will enable consumers to encounter and utilise dashboards from trusted brands from banks to pension providers, whom they have already built a relationship with. And Moneyhub is already seeing a high interest from the industry, with many planning to whitelabel Moneyhub’s own platform in order to seek authorisation from the FCA and then enter the market and support their customers. In addition, Moneyhub particularly supports the FCA’s findings that a simple ‘find and view’ service would not be going far enough for consumers. Moneyhub strongly supports the FCA’s proposal to allow authorised Pensions Dashboard Service (PDS) firms to also offer “post-view services” (PVSs). This will enable customers once they see all their pensions in one place to understand the possible next steps. This, for example, could be exploring consolidating the pensions or arranging a conversation with the government’s free PensionWise service. Dan Scholey, Chief Commercial Officer at Moneyhub said: “The most recent proposals make clear that it is not the pensions dashboard, but dashboards in the plural. Most have been in the habit of thinking of a single pensions dashboard, but in the UK, it’s clear that there will be multiple dashboards available for customers to choose from. “At Moneyhub we’re already working with industry leaders wanting to create their own dashboard to ensure their customers benefit from the programme and achieve better outcomes. The FCA’s decision to encourage industry collaboration will have numerous benefits. Dashboards will be easily accessible where consumers already are and among financial products they understand. This allows customers a convenient touch point in apps they already use to check their potential retirement income, and importantly make informed decisions to benefit their later life. “We have been impressed with the high bar set by the FCA’s and PDP’s extensive and detailed proposals. As market leaders, Moneyhub strongly supports the proposals, but we encourage others to also add their voices to these critical consultations - which is why we are publishing our detailed thoughts on the key topics now.” Find out more about Moneyhub’s response to the FCA and PDP consultations.