UK. Pensions dashboard run by industry gets green light from government

Work and pensions secretary approves the introduction of the pensions dashboard, provided the financial services industry runs it

Pension savers will be pleased to hear that the government has finally committed to the so-called pensions dashboard.

This is a technological initiative to allow pension savers to see all of their savings pots in one place. State pension entitlement data was set to form the cornerstone of the pensions dashboard.

Doubts have been cast about whether the platform would prove useful without the backing of government and access to state pension data. In July, there was widespread speculation that the proposals could be scrapped.

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