Majority of pension professionals doubt 2023 dashboard delivery date

Although majority are also confident they can provide data necessary from their schemes

James Phillips
clock • 2 min read

The industry lacks confidence that the pensions dashboard will be delivered as pledged by the 2023 expected date, according to the Pensions Management Institute (PMI).

While 56% of industry respondents to a PMI Pulse survey said they believed their scheme or one they advise would be able to provide the data by 2023, 78% said they were not confident about the delivery date. Another third of respondents said they doubt they would be able to provide the data needed for the dashboard within the two-year timeframe, with many citing resources and cost as the main obstacle to meeting the deadline at 51% and 46% respectively. Quality and format of data were also raised as issues by 44% and 39% respectively. PMI president Lesley Alexander said the dashboard'...

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

James Phillips
Author spotlight

James Phillips

Professional Pensions journalist from 2016-2022

More on Pensions

IHT pensions changes expected to drive 'strong interest' in annuities

IHT pensions changes expected to drive 'strong interest' in annuities

Though ‘ambiguity’ persists on annuities treatment, retirement planning expert says

Jen Frost
clock 04 November 2024 • 3 min read
Budget end to overseas pensions 'loophole' could cause 'chaos'

Budget end to overseas pensions 'loophole' could cause 'chaos'

OTC applies to more transfers under changes

Jen Frost
clock 31 October 2024 • 2 min read
Pensions tax-free cash untouched – but what about those who acted pre-Budget?

Pensions tax-free cash untouched – but what about those who acted pre-Budget?

No lump sum change should be ‘welcomed’ but damage cannot be undone

Isabel Baxter
clock 31 October 2024 • 5 min read