PLSA comments on Pensions Dashboard update

Nigel Peaple, Director Policy & Advocacy, PLSA, said: “Today’s statement by the Minister for Pensions that the Government remains committed to the delivery of pensions dashboards and that the final staging date will go back by one year provides some helpful clarity and flexibility for the pensions industry.

“We would, however, highlight that many in the pensions industry, including the PLSA, would have preferred the new staging timeline to be set out in regulation, as was previously the case, rather than only in guidance, as is now planned. To make this new approach work, it will be necessary for the dashboards programme to work in a very open, transparent and collaborative way such that all parts of the government involved in the project, and all those involved from across the industry, can work together as one.

"The PLSA remains committed to the successful delivery of pensions dashboards in the UK. We believe they will have a transformative effect on wider pensions engagement and understanding. As we have said since the start of the programme, this is a highly complex undertaking, early delivery is less important than successful delivery.”

Mark Smith, Head of Media Relations
020 7601 1726 | [email protected]

Cali Sullivan, PR Manager
020 7601 1761 | [email protected]