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Pensions Dashboard

22 October 2024

Proposing MP
Emma Reynolds Lab
Wycombe
Type
Written Ministerial Statement
Department
Department for Work and Pensions
View on Parliament.uk -->

At a Glance

Issue Summary

The statement discusses the development and implementation of pensions dashboards in the UK to help individuals better understand and manage their retirement savings.

Action Requested

The Government is advancing the Pensions Dashboards Programme by testing connections with external organisations, publishing updated technical standards, and prioritizing the launch of the MoneyHelper dashboard before commercial services. The aim is to ensure consumer protection and operational readiness before a full public rollout in April 2025.

Key Facts

  • The Government wants to make pensions information more accessible through online dashboards.
  • The Pensions Dashboards Programme (PDP) has concluded a Reset process with an updated delivery plan.
  • Testing is underway with external organisations for the connection journey.
  • A period will be dedicated to only the MoneyHelper dashboard before commercial services are connected.
  • The launch of pension schemes and providers into the ecosystem is expected to start in April 2025, with a final deadline of 31 October 2026.
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