Pensions - Articles - Slow down in pensions dashboards activity since delays

 This significance of the 72% figure indicates that the industry is facing an uphill battle, with many pension schemes understandably prioritising more urgent tasks and treating the deferral as a good reason to slow down their dashboards preparation, despite encouragement not to do so.

 Paul McGlone, Past SPP President and Dashboards Lead commented "We really cannot fault schemes for slowing down or pausing their dashboards preparation; there are so many more pressing matters to attend to. What we’re seeing is that work on data, which feeds into many projects, is largely continuing, but work that is specifically for dashboards is definitely falling down the agenda. Realistically, momentum on these projects will not be regained until clear connection deadlines are back in place."

 The findings underscore the need for new connection dates to be set as soon as possible, to reignite interest in the pensions dashboard programme. The SPP remains positive about pensions dashboards and the long term impact on savers, and is committed to working alongside the DWP and industry stakeholders to support dashboards implementation.

 The poll captured the views of 93 pension consultants on 29 June 2023 at an event hosted by the SPP entitled "Pensions Dashboards update – considering industry priorities and PASA value guidance.”