The Association of British Insurers (ABI) will lead a project to deliver a pension dashboard prototype that will help consumers view all their pension savings in one place online.
The cross-industry project group will be reporting regularly to HM Treasury, who will oversee the project following the commitment in the Budget to launch a Pensions Dashboard by 2019.
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The Group will work together with the wider industry, government, regulators and trade bodies in developing the prototype.
Yvonne Braun, ABI director of policy, long term savings and protection, said: "Given our ageing society, it’s essential that we engage people in their long-term savings. The pension dashboard can help tackle under-saving as well as help savers locate lost pension pots, and empower them to get financially prepared for retirement."
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