The Pensions Minister, Emma Reynolds, has issued a Ministerial Statement on the Pensions Dashboard Programme (PDP), directing PDP to focus its efforts on the connection and launch of the MoneyHelper dashboard service before turning to the work of connecting commercial dashboards.
Responding to the statement
Pensions dashboards will be a huge catalyst for positive change in how people engage with their pensions, including helping them find lost pension money. We are reassured to see the Government's continued commitment to the Programme, and to launching both a state-owned MoneyHelper Dashboard and enabling commercial dashboards. Commercial dashboards are vital because they will allow the maximum number of people to find their pension information in the on-line services they use day to day.
"It is therefore crucial both the MoneyHelper dashboard and commercial dashboards are launched as soon as possible, and very closely together, so that this pioneering project can deliver on its enormous potential."
Yvonne Braun
Director of Policy, Long Term Savings, Health and Protection at the ABI