PLSA comments on dashboard announcement

The Pensions and Lifetime Savings Association (PLSA) has today (Tuesday) commented on the announcement from the Government that it ‘backs the industry to deliver a pensions dashboard’, and will facilitate the project.

Nigel Peaple, Director of Policy and Research at the Pensions and Lifetime Savings Association, said:

“The Pensions Dashboard will be an essential tool to help savers plan their retirement income. We’re therefore very pleased the Government has stated its commitment to the delivery of a Dashboard, and that it will facilitate this project. However, while the industry is strongly behind this initiative, it’s absolutely vital the Government does not leave this solely to the industry and remains closely involved.  

“The PLSA has long said that Government participation is essential to the success of this project, both to give the public confidence in the tool and to ensure all parts of the pension sector and other key stakeholders are fully involved. We now eagerly await the publication of the feasibility study to understand the detail behind the Government’s involvement and next steps.”

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