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

Hedging comes good as yields fall
Fully hedged scheme sees funding level increase by over 1 full percentage point through February to reach strongest position since 2022. 50% hedged sc
Strong underlying support for auto enrolment reform
Over two in five (43%) business leaders say that the minimum workplace pension auto-enrolment contribution level should rise, with nearly three quarte
Master trusts to prepare for future scale requirements now
TPR sets out principles for how trustees can assess their scheme’s growth potential and prepare for proposed new scale requirements under the Pension

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.