As one of two independent members, McKenna’s role will be to provide challenge to the process and project as it develops.

The dashboard will enable consumers to see all their pension information in one place and aims to help consumers  track down the £400 million in pension benefits that currently go unclaimed.

Commenting on his new role, McKenna said: "The pension dashboard needs to bring together a wider range of diverse constituencies. Pension providers of all shapes and sizes are key to the process. It is also essential to include emerging fintech organisation who are delivering innovation to help consumers interact with their pensions, in ways that have never been possible previously."

The pensions dashboard was launched on 12 September 2016 by the UK Economic Secretary to the Treasury, Simon Kirby, and 11 organisations have already committed their support: Aviva, Aon Hewitt, B&C, HSBC, LV=, NEST, Now Pensions, Royal London, Standard Life, Willis Towers Watson and Zurich.

 

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