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Commenting on the speech this morning by Treasury minister Simon Kirby discussing the pensions dashboard, Steve Webb, Director of Policy for Royal, said: |
“It is good news that ministers are getting more serious about the need to make sure the data on the pensions dashboard is comprehensive. It is essential that all pension schemes and providers are required to provide data otherwise many will opt out and savers will not have a complete picture of their pensions. The Government should not wait and see if schemes engage – the data belongs to the scheme member and they should have a right to expect their scheme or provider to supply that data to the new dashboard.” |
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