Pensions Regulator publishes market oversight report and consolidated guidance on data quality

The Regulator’s latest market oversight report, published on November 18, 2025, reveals that some pension schemes still have work to do to get their member data ready for the launch of pensions dashboards next year.

In the Regulator’s press release, it urged trustees to treat member data as their most important 'strategic asset'. The Regulator noted that its large-scale engagement exercise had found that whilst most schemes have made progress on cleansing personal data for dashboards, value data, used to calculate benefits, is often overlooked.

The Regulator has now usefully consolidated all its guidance on member data into one location. The newly revised guidance sets out clearer expectations and provides best practice examples to help schemes achieve better data management capability.

With the pensions dashboard deadline less than a year away, the Regulator stresses that the need for reliable data has never been more urgent. It says gaps identified in its report risk undermining dashboard readiness and highlight the importance of trustees adopting robust, consistent practices across all aspects of data management.