Origo’s Pensions Dashboard contribution recognised by Scotland’s First Minister at ABI Annual Conference
Edinburgh-based Fintech company Origo received a specific mention in the keynote speech of Nicola Sturgeon, First Minister of Scotland, at the ABI Annual Conference yesterday (27th Feb 18). The First Minister took time to recognise Origo's thought leadership on the Pensions Dashboard initiative.
The First Minister said she and her government were keen to support companies that are “active in the Fintech field”. Origo, she said, was "one example of the expertise and talent that we have in our Insurtech sector. So we want to build on that expertise.”
Asked how she saw the future role for Fintechs like Origo in Scotland in serving the rest of the UK in such pivotal industry projects as the Pensions Dashboard, Nicola Sturgeon said, “I think the future is bright and strong for companies like yours in Scotland.”
Origo’s work on Dashboard, she said, “has a hugely beneficial impact for Treasury, the DWP and more broadly in the public sector”, adding that the government wanted to be “an enabler for the industry” and “would be happy to talk with [Origo] further at a later date to see what we can do to support what you are trying to do.”
Anthony Rafferty, Managing Director, Origo says: "Origo is delighted to have been mentioned in the First Minister of Scotland's keynote speech at the ABI Annual Conference.
"Origo is a financial technology company which is run by the industry, for the consumer. The Pensions Dashboard initiative is one of enormous ambition and has a real social purpose. In line with our consumer ethos, Origo is proud to work with Industry and Government stakeholders in developing a truly world class solution.
"We are delighted that the Pensions Minister Guy Opperman has tasked the Department for Work and Pensions with taking forward the development of the Pensions Dashboard. We look forward to the outcome of the feasibility study in March.
"The pensions industry needs to be ready to respond quickly if it is to meet the Pension Minister's challenge of a 2019 launch. Origo is confident it can establish the central architectural components this year which will support the required Industry integration effort for a 2019 launch. We are actively working towards this and are testing our Pension Finder Service at population scale. We stand ready to deliver.
"We believe that the Pensions Dashboard will be transformative in helping engage consumers with the vital information required to plan for better long-term saving and retirement outcomes.”
Alastair Ross, Head of Public Policy at the Association of British Insurers (ABI) added: “It was great to hear the First Minister recognise Origo Services and its work on the Pensions Dashboard project as an outstanding illustration of Insurtech and Fintech in Scotland.”
Find out more about our involvement in the Pensions Dashboard project >