PASA today published additional Guidance on dashboards, specifically aimed at master trusts.
Kim Gubler, PASA Chair, commented: “With final regulations and standards expected later in the year, this Guidance aims to support master trusts in preparing for the staged compulsory onboarding which begins in Spring/Summer 2023.
PASA has actively supported the development and preparedness of the industry on this topic through our dedicated Dashboard Working Group which has produced some very useful guidance. We recommend reading these existing PASA publications alongside the dedicated Master Trust Guidance.”
David Porter, Chair of the PASA master trusts working group, commented: “This Guidance considers three key practical areas to consider as part of your scheme’s preparation planning:
- data
- technical considerations and the ecosystem
- legal requirements and compliance
Bearing in mind the huge volume of activity required, we encourage further discussions with qualified advisors ahead of the given deadlines.”
The PASA master trust dashboards Guidance can be found here.
