Pensions - Articles - Royal London comment on DWP Pensions Dashboard announcement


Steve Webb, Director of Policy at Royal London and former pensions minister comments on the latest Pensions Dashboard announcement from the DWP.

 ‘After months of delay, it is good news that plans for the pensions dashboard have finally been published. With workers potentially starting a different pension every time they start a new job, being able to see all of your pensions in one place will be vital. To make a dashboard work, it is vital that the government legislates to require all pension schemes and all pension providers to take part, otherwise the dashboard will be like a jigsaw with missing pieces.

 A comprehensive dashboard is likely to take several years to develop and the government needs to move quickly now from consultation mode to delivery mode. Several other countries have had dashboards for years and it is time the UK caught up’.

Back to Index


Similar News to this Story

TPR to sharpen decision making scrutiny after Kodak decision
The Pensions Regulator is introducing greater levels of scrutiny after its decision to allow Kodak to jettison it pension liabilities faced criticism.
CDC schemes could provide better outcomes for members
In responding to the DWP’s consultation on delivering collective defined contribution pension schemes which closed yesterday, XPS Pensions Group belie
Paying pension tax charges is not always a bad thing
The common perception is that people should do all they can to avoid paying these charges. This can lead to some people choosing to leave their pensio

Site Search

Exact   Any  

Latest Actuarial Jobs

Actuarial Login

Email
Password
 Jobseeker    Client
Reminder Logon

APA Sponsors

Actuarial Jobs & News Feeds

Jobs RSS News RSS

WikiActuary

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