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What next for the pension dashboard?

7 Sep 2018

The pensions industry is preparing to launch its own “dashboard” if the government pulls support for a ground-breaking online tracker to help savers see all their pensions in one place. 

This news is on the back of research that suggests that around 10 million people in the UK stand to retire with £15,000 less if the government scraps the pension dashboard. Doubts over government support for the dashboard have grown after it missed a March deadline to publish details on how the dashboard might work and be made safe for users.

In July it was reported secretary of state for work and pensions Esther McVey had moved to kill off the pension dashboard, saying the service should not be provided by the state. Since then Origo, a company that was involved in developing a prototype dashboard, has been canvassing support for an industry-led scheme.