UK. Industry demands mandatory pension dashboard
More than 20 pension providers and administrators are demanding ‘a firm stance on compulsion’ from the government on the pension dashboard after coming together to discuss the project.
In the meeting hosted yesterday (18 September) by fintech provider Origo, providers agreed the government will need to legislate to “ensure the whole industry is fully compelled to participate”.
The plan behind the pension dashboard, which is due to launch in 2019, is to create the technology to allow savers to see all of their retirement pots in one place at the same time, giving them a greater awareness of their assets and how to plan for their retirement.
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