Commons Sense

House of Commons · Written Ministerial Statement

Pensions Dashboard Update

25 March 2024 · Department for Work and Pensions

Proposed by Paul Maynard Con Blackpool North and Cleveleys

Benefits & Welfare

Summarised by AI from the official record, so it can contain mistakes.

View on Parliament.uk

At a glance

Key points

  • The Secretary of State will publish guidance for connecting pension schemes and providers.
  • The guidance will prioritize larger pension schemes to facilitate the connection process.
  • The deadline for full implementation of pensions dashboards is set for October 31, 2026.

Issue summary

The statement discusses the progress and plans for the implementation of pensions dashboards in the UK.

Action requested

The Secretary of State will publish guidance setting out a staged timetable for connecting pension schemes and providers, aiming to facilitate the connection process by prioritizing larger schemes and reaching a deadline of October 31, 2026. This marks significant progress towards launching pensions dashboards in early 2025.

Key facts

  • The Pensions Dashboards Programme plans to begin connecting organisations from August 2024.
  • Connection testing will continue to ensure readiness for wider industry connection from early 2025.
  • Approximately 3,000 pension schemes and providers are in scope by the October 31, 2026 deadline.
  • The first cohort of connections is expected to be completed by April 2025.
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