Government confirms pensions dashboard plans

The government has confirmed plans for the Pensions Dashboard to commence next year, with Prime Minister Theresa May giving her backing to the plan and launching a feasibility study on the tools that will be required to deliver it. The move comes after the newly-appointed Work and Pensions Secretary Amber Rudd revealed her support for the dashboard last month.

Responding to the news, Director of Policy at Royal London and former Pensions Minister Steve Webb said, "After months of delay, it is good news that plans for the pensions dashboard have finally been published. With workers potentially starting a different pension every time they start a new job, being able to see all of your pensions in one place will be vital." 

However, he argued the project will be ineffective unless legislation is passed to make participation mandatory for all pension providers. Without this, the dashboard will be "like a jigsaw with missing pieces".