Aptia, a leading provider of pension administration, consultancy and actuarial services, has successfully connected all of its clients in-scope pension schemes to the Pensions Dashboards ecosystem - marking a major milestone in the industry's preparations for Pensions Dashboards.
Pensions Dashboards is one of the largest digital transformation programmes ever undertaken by the UK pensions industry. It will enable savers to view information about all their pensions securely online and in one place, making it easier to understand their retirement savings, reconnect with lost pension pots and make more informed decisions about their retirement plans.
The development comes at a time when many people remain uncertain about their retirement prospects. Recent research carried out by Aptia revealed that more than one in three people (34%) are unsure how much income their pension will provide when they retire.
Pensions Dashboards is one of the largest digital transformation programmes ever undertaken by the UK pensions industry. Once fully available to pensions savers, dashboards are expected to provide online access to pension information for more than 16 million people.
Sue Doughty, Aptia’s UK Head of Administration, said: ‘Connecting all of our client’s pension schemes to the Pensions Dashboards ecosystem is a significant milestone for Aptia.
‘Pensions Dashboards have the potential to transform how people engage with their retirement savings by bringing pension information together in one place. This will help savers better understand their pensions, make informed decisions and plan with greater confidence for retirement.’
NOTES TO EDITORS
- Founded to shape the future of pensions, health, and insurance solutions, Aptia is a leading UK pensions consultant and administrator, and employee benefits administrator in the US, and is dedicated to simplifying complexity for businesses and individuals. It brings together cutting-edge technology and deep industry expertise to help organisations navigate an evolving landscape with clarity and confidence.
- Aptia's UK business is the largest third-party private sector pensions administration provider, serving more than 1,600 clients and over three million members. Its clients include trustees, master trusts and insurers, for whom it provides administration and consulting services across both DB and DC pension schemes.
- Aptia has made significant investment in current and emerging technologies, including artificial intelligence, automation and data-driven insights, ensuring it remains at the forefront of digital transformation and innovation within the pensions industry.
- Aptia has a presence in the UK, US, India. Aptia’s strength lies in the combination of smart technology and expert teams, ensuring that managing pensions, health, and insurance is more effective. By focusing on innovation, accessibility, and client success, Aptia helps businesses take care of their people, so they can focus on what they do best.
For more information contact:
Corinne Gladstone, Aptia Head of Corporate Communications & Public Relations.
Email: media.enquiries@aptia-group.com
Sam Emery/ Emma Murphy/ Robbie Lawther/Bruno Aldridge, Quill PR
Email: Aptia@quillpr.com