London, United Kingdom, March 5, 2025 - Pension Fusion, a partnership between Equisoft and Lumera, is pleased to announce that from today they are the first entity to have completed the full end to end Pensions Dashboards connection journey, with the WTW Administered LifeSight Master Trust who as a result, have onboarded to the eco system.
As confirmed by the announcement from the Pensions Dashboards Programme today, Equisoft with their partner Lumera, have been the first Voluntary Participant to successfully navigate each stage of the Pensions Dashboards Programme (PDP) connection journey. The final step of the onboarding process was to complete Operational Acceptance Testing (OAT), which consisted of receiving and successfully processing the first Find Request sent in the live PDP environment. Pension Fusion is now ready to onboard the rest of its connecting schemes, to meet the closely approaching guidance dates that trustees need to achieve thereby, making the data of over 15 million members ‘findable’ through a pensions dashboard.
Oliver Morley, CEO of the Money & Pensions Service, said: “Pensions dashboards will be a game-changer for retirement planning, and I’m grateful for everything Pension Fusion have been doing to get us to this point. Their hard work puts in a strong position as we prepare for wider industry connection from April.”
As Nick Meredith, Product Director, Europe for Equisoft explains: “We are delighted that we can now go live with the successful development of our pensions dashboards Integrated Service Provider (ISP), suitable for any scheme or administrator. This is a significant milestone for pensions dashboards that highlights just how close we are to having schemes and importantly consumers, connected to the eco system.”
David Poynton, Pension Fusion Product Manager at Equisoft and Pensions Dashboards Advisory Group member, adds: “As one of the pioneers in this field the journey to going live wasn’t always straight forward and it would not have been possible without our collaboration with our scheme sponsor LifeSight and WTW, who were invaluable in helping Equisoft & Pension Fusion to complete the required steps with PDP to become a ‘signed-off’ ISP.”
Jelena Croad, Head of LifeSight, UK said: “This is a really important milestone on the journey towards making dashboards a reality for pension scheme members. Enabling people to see their pension pots in one place, in real time, and with clear financial information will make a huge difference to people’s awareness of their retirement finances. LifeSight is proud to be a part of this important next step.”
Maurice Titley, Commercial Director for Lumera and PASA Dashboards Working Group Chair, adds: “The central digital architecture is the linchpin of pensions dashboards, and establishing its connectivity with schemes marks a crucial milestone. Our deep collaboration with the PDP and the innovative services we have developed, such as our flexible matching solution, has helped drive this progress. We’re proud to have built an ISP that the industry trusts, enabling us to make a lasting, positive impact on the future of UK dashboards.”
Nick concludes: “Now that pensions dashboards are soon to become a reality it is not the time to take our foot off the pedal. This really is the start of the journey for Equisoft & Pension Fusion, our clients and the industry as we prepare to stage more schemes, in readiness for the MoneyHelper dashboard consumer testing due to start later this year.”
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About Pension Fusion
Pension Fusion offers a software solution, infrastructure and data management, which connects data providers to the pensions dashboards ecosystem.
As two independent technology leaders Equisoft and Lumera have pooled their specialist resources, skills and technical capabilities to develop an open-market pension dashboards connection, suitable for any scheme or data provider.
Pension Fusion’s core solution helps schemes to comply with pensions dashboards regulations via a simple, secure and reliable connection. Providing the business critical, system- and scheme-agnostic software to link scheme data to the dashboards ecosystem. With data normalisation and flexible options to support accurate data matching, schemes can be confident their members will find their pensions.
To learn more, visit https://www.pensionfusion.com/
About Lumera
Lumera is dedicated to the digital transformation of the European Life and Pensions industry. As insurtech innovators, we provide technology solutions covering policy administration, data management and migration to a broad, blue-chip client base. We also combine our tech and industry expertise to offer a comprehensive range of specialist services, tailored for each local market.
The Prudent Revolution is our mission – bridging technology and partnership to navigate the fastest, safest path through complex change for L&P providers.
Based in Stockholm, Lumera has significant presence with offices in the United Kingdom, the Netherlands, Norway, Sweden, India and Vietnam. Lumera is majority owned by Monterro, the leading software investor in the Nordic region.
For more information, visit https://www.lumera.com/
About LifeSight
LifeSight is WTW’s master trust, a defined contribution multi-employer pension trust for employers who would benefit from high-quality, low-risk, market-competitive pension provision without the governance burden.
Running a defined contribution pension scheme is becoming complex and costly for a lot of employers. Governance is growing ever more onerous and schemes now have new pension flexibilities to contend with. Companies want to find a high-quality alternative that has their employees’ needs at heart. LifeSight offers the best attributes of a trust in an outsourced arrangement. Our unique solution looks after the day-to-day running of the scheme, whilst an independent trustee board looks after the interests of your members.
LifeSight gives members access to our leading-edge digitalised platform, including the award-winning ageOmeter tool, and administration services. Combined with our proven expertise in investments and communications, LifeSight is the complete package.
About Willis Towers Watson
At WTW (NASDAQ: WTW), we provide data-driven, insight-led solutions in the areas of people, risk and capital. Leveraging the global view and local expertise of our colleagues serving 140 countries and markets, we help organizations sharpen their strategy, enhance organizational resilience, motivate their workforce and maximize performance.
Working shoulder to shoulder with our clients, we uncover opportunities for sustainable success.
Learn more at https://wtwco.com/
Media contact:
For all Equisoft media enquiries please contact Will White, will.white@weareomniapartners.com
For all Lumera media enquiries please contact Rory Tucker, rory.tucker@lumera.com