A private members’ bill on the prohibition of indemnification in relation to pensions dashboards has been presented to parliament.
The bill sets out to make provision about prohibiting the trustees and managers of pension schemes from being indemnified in respect of penalties imposed under pensions dashboards regulations. The bill - sponsored by Conservative MP Mary Robinson - was first presented to parliament on 20 June. The next stage for this bill - the second reading - is scheduled to take place on 15 July 2022. A pensions dashboard will show a user their pensions information online, securely and all in one place, according to the body tasked with delivering the service. The complicated project - which...
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