Government cuts could 'jeopardise' success of pensions dashboards

Aegon says cuts to communication and marketing budgets could lead to ‘confusion’ and ‘mistrust’

Martin Richmond
clock • 1 min read
Government cuts could 'jeopardise' success of pensions dashboards

Proposed cuts to government communication and marketing budgets over the next two years could “jeopardise” the successful rollout of pensions dashboards, Aegon has warned.

The consultancy said a policy paper published earlier this week (29 July) – which audited public sector spending – outlined government plans to save £50m on its communication and marketing budgets ...

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