Govt prepares to force providers to join pensions dashboard

Data standards to be set on Wednesday

Tom Ellis
clock • 1 min read

Economic secretary to the Treasury Simon Kirby is exploring ways the government can force pension schemes to meet the pensions dashboard data standards, he has said.

Unveiling the prototype dashboard at the Pensions Dashboard Sprint industry event on 12 April, the economic secretary warned providers he was in discussions with pension minister Richard Harrington to make sure minimum data standards were being met. The initial data standards for the pensions dashboard are expected to be published on the Treasury website later on Wednesday. Kirby said: "I am clear that dashboards will only be viable and useful if a critical number of pension schemes step up to meet the data standards, and people have a right to easily see their own data when making vi...

To continue reading this article...

Join Professional Adviser for free

  • Unlimited access to real-time news, industry insights and market intelligence
  • Stay ahead of the curve with spotlights on emerging trends and technologies
  • Receive breaking news stories straight to your inbox in the daily newsletters
  • Make smart business decisions with the latest developments in regulation, investing retirement and protection
  • Members-only access to the editor’s weekly Friday commentary
  • Be the first to hear about our events and awards programmes

Join

 

Already a Professional Adviser member?

Login

More on Pensions

How retirement planning has transformed over the past 50 years

How retirement planning has transformed over the past 50 years

PPI report looks at the move from predictable pensions to personal responsibility

Jonathan Stapleton
clock 21 November 2024 • 3 min read
Act now: Planning for retirement is a concern for today

Act now: Planning for retirement is a concern for today

'Don't wait until tomorrow to think about retirement'

Andrew Tully
clock 20 November 2024 • 4 min read
Government publishes Pensions Investment Review interim report and launches DC and LGPS consultations

Government publishes Pensions Investment Review interim report and launches DC and LGPS consultations

Report published as Reeves delivered inaugural Mansion House speech

Jonathan Stapleton
clock 15 November 2024 • 4 min read