The Department for Work and Pensions (DWP) has confirmed it will extend the pensions dashboards first staging window from three to five months.
In response to its consultation on the draft pensions dashboard regulations - published today (14 July) - the DWP confirmed it will defer the deadlines for the first two staging cohorts by two months while expanding the connection window for the first cohort to five months. This change will affect master trusts with 20,000 or more relevant members, whose staging deadline will change from 30 June to 31 August 2023, and money purchase schemes used for auto-enrolment with 20,000 or more relevant members, whose staging deadline will change from 31 July 2023 to 30 September 2023. The consu...
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