dashboard

The Money and Pensions Service (Maps) has started a six-week period of informal market engagement with potential suppliers of the digital architecture for the pensions dashboards.

The dashboard is reliant on all schemes having data readily available, but this is not yet the case for many DB schemes. Paul McGlone says this is a challenge the industry must work to overcome

Pensions and financial inclusion minister Guy Opperman has warned schemes who do not have their data organised to the standard required for the pensions dashboard will face “draconian penalties.”

The pension schemes bill has passed its second reading in the House of Lords, despite questions over the breadth of government powers.

Lessons must be learned from open banking in order to make the pensions dashboard a success for the modern saver, says Darren Philp.

The pension schemes bill is set to boost income and protection for pension scheme members, says Guy Opperman, making 2020 a pivotal year for retirement savings.

The Department for Work and Pensions (DWP) has proposed increasing the general levy on occupational and personal pension schemes from 1 April 2020.

The pensions schemes bill will digitalise pensions and provide savers with greater confidence for retirement, Guy Opperman has said.

With schemes facing more administration tasks than ever, it is important the industry attracts new talent to help with potential capacity problems, says Kim Gubler.

The dashboard must be simple and based on consumer needs to be successful, Denmark and Sweden have found. Margie Lindsay looks at the lessons from the two projects.