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

AJ Bell sells Platinum SIPP and SSAS business in £25m deal

AJ Bell sells Platinum SIPP and SSAS business in £25m deal

InvestAcc Group takes over £3.2bn book of business

Jenna Brown
clock 27 March 2025 • 1 min read
Spring Statement 25: 'As you were' following pensions exclusion

Spring Statement 25: 'As you were' following pensions exclusion

Pensions were notably lacking from today's Spring Statement

Holly Roach
clock 26 March 2025 • 4 min read
Majority of pension savers would use digital advice from providers

Majority of pension savers would use digital advice from providers

Some 73% of workplace pension savers want advice from providers

Jenna Brown
clock 24 March 2025 • 2 min read