Pensions - Articles - Pensions dashboard to be debated in Parliament

Anna Rogers, Partner at ARC Pensions Law. comments on the Pensions dashboard that is to be debated in Parliament

 “The dashboard really needs to happen if the government wants people to save enough for a decent retirement income. We can’t stop pensions being confusing and a turn off but we can make it easier to get all the information in one place and that would surely help.

 "The practical difficulties are not to be underestimated and occupational schemes are struggling to improve their own data quality. However, if the risks are to be transferred to individuals then we have to support them in making the right decisions, not just over 55 but earlier in their working life when savings decisions have the biggest long term impact.”

 “Official petitions with over 100,000 signatures have to be considered by the Government for a debate in Parliament. This is on the 38 Degrees campaigning platform, so someone needs to start one through official channels. About two thirds of all petitions get rejected as not suitable for Government action, and it seems that less than 5% have actually been debated in Parliament, but this one seems eminently suitable, with Ministers disagreeing and an important policy objective.”

Back to Index

Similar News to this Story

Alexa ask Aviva what is the value of my pension
Aviva has created a new pension skill for Amazon Alexa which allows customers to find out how much they have saved towards their retirement.
Majority would prefer monthly income from protection policy
A recent Aegon survey* found that 58% of people would prefer insurance that pays a monthly income rather than a lump sum. Recognising this preference,
ACA response to consultation on stronger powers for TPR
In its response to the consultation on stronger powers for the Pensions Regulator, the Association of Consulting Actuaries (ACA), whilst expressing ‘s

Site Search

Exact   Any  

Latest Actuarial Jobs

Actuarial Login

 Jobseeker    Client
Reminder Logon

APA Sponsors

Actuarial Jobs & News Feeds

Jobs RSS News RSS


Be the first to contribute to our definitive actuarial reference forum. Built by actuaries for actuaries.