UK. Pensions dashboard to be debated in Parliament

“The dashboard really needs to happen if the government wants people to save enough for a decent retirement income. We can’t stop pensions being confusing and a turn off but we can make it easier to get all the information in one place and that would surely help.

“The practical difficulties are not to be underestimated and occupational schemes are struggling to improve their own data quality. However, if the risks are to be transferred to individuals then we have to support them in making the right decisions, not just over 55 but earlier in their working life when savings decisions have the biggest long term impact.”

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