Guy Opperman

Transfer warnings not heeded

Pensions schemes will face significant additional working costs reaching into the millions of pounds to prepare their data for the pensions dashboard, according to Lane Clark & Peacock (LCP).

Pensions and financial inclusion minister Guy Opperman has warned schemes who do not have their data organised to the standard required for the pensions dashboard will face “draconian penalties.”

Could be delayed by general election

'Do your bit'

14 October

21-day transfer pledge

23% would discuss pension with cold caller

Under Boris Johnson

Future code of practice