The government should allow the industry to develop multiple commercial pensions dashboards instead of a single platform designed by civil servants, according to the Association of British Insurers (ABI).
It comes amid concerns that the project is falling behind schedule to meet its 2019 deadline, while there is still no sign of the Department for Work and Pensions' feasibility study which was due in spring. Speaking at Professional Pensions' Pensions and Benefits UK conference on 27 June, the trade body's head of retirement policy Rob Yuille said it does not make sense to limit the dashboard to a "single government-designed lens". "That's not to say that there shouldn't be a government-backed dashboard; there absolutely should be. But it doesn't seem right to limit it just to that." ...
To continue reading this article...
Join Professional Adviser for free
Signup and gain exclusive members-only insights
- 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
