NAO probe finds estimated cost of dashboard project has risen by £54m

‘Range of factors’ have driven estimated cost of the programme up by 23%

Holly Roach
clock • 3 min read
NAO probe finds estimated cost of dashboard project has risen by £54m

The estimated overall cost of the pensions dashboards project has risen by 23% in just three years, an investigation by the National Audit Office (NAO) shows.

The spending watchdog's report – Investigation into the Pensions Dashboards Programme (PDP) – said between 2020 and 2023, the estimated cost of the programme has rocketed by £54m to £289m. The r...

To continue reading this article...

Join Professional Pensions

Become a Professional Pensions Lite Member today

  • Three complimentary articles per month covering the latest real-time news, analysis and opinion from the industry
  • Receive important and breaking news stories via our two daily news alerts
  • Hear from industry experts and other forward-thinking leaders

Join now

 

Already a Professional Pensions
member?

Login

More on Industry

M&S reports £25.6m pension surplus reduction due to rising gilt yields

M&S reports £25.6m pension surplus reduction due to rising gilt yields

Results state there is ‘no material worsening’ of scheme’s overall funding position

Holly Roach
clock 07 November 2024 • 1 min read
Smart Pension hits £6bn in assets under management

Smart Pension hits £6bn in assets under management

Provider said growth largely due to new business wins and consolidation

Holly Roach
clock 06 November 2024 • 1 min read
NatWest to transfer £11bn of pension assets to purchase buy-ins with Rothesay

NatWest to transfer £11bn of pension assets to purchase buy-ins with Rothesay

Trustees are reportedly set to transfer a third of scheme assets to purchase buy-in policy

Holly Roach
clock 06 November 2024 • 2 min read
Trustpilot