DWP has released a written ministerial statement that affects the connection deadline for pensions dashboards.
Additional guidance will be published in due course.

 
Published by: Pensions Dashboards Programme  

The Pensions Dashboards Programme (PDP) will be hosting an open webinar on 3 November 2022 to update on progress on the development of the ecosystem for pensions dashboards. Chris Curry, PDP’s Principal, will appear alongside others from the programme and the Department for Work and Pensions to explain upcoming steps for the next 6 months and take questions.

The webinar will coincide with the publication of the PDP’s 6th Progress Update Report on 26 October 2022.

The report will unveil details of the timeline for publication of updates to dashboard standards, as well as sharing the latest progress for the programme’s early participants. PDP will also set out the latest developments on the central digital architecture and work with partners to get industry ready for dashboards. 

You can find more details on the webinar, including how to register, by going to pensionsdashboardsprogramme.org.uk/event/progress-update-report-webinar/

Chris Curry said:

“There are now just over 6 months until the first mandatory connection window opens for pension providers and schemes, a key milestone in making pensions dashboards a reality for everyone in the UK. PDP has been working hard on development of the central digital architecture and the standards that will underpin dashboards legislation.

I look forward to people getting the chance to read the report and talking more about the programme in our webinar on 3 November.”

ENDS

About PDP

The Money and Pensions Service (MaPS) has established the Pensions Dashboards Programme team, led by Principal Chris Curry, to design and implement the ecosystem that will make pensions dashboards work and which will enable individuals to view all their pensions data via their chosen dashboard.  Pensions dashboards will enable individuals to access their pensions information online, securely and all in one place, thereby supporting better planning for retirement and growing financial wellbeing. Dashboards will provide clear and simple information about an individual’s multiple pension savings, including their State Pension. They will also help them to reconnect with any lost pension pots.    

The Pensions Dashboards Programme has its own website where news, blogs and reports will be published regularly – pensionsdashboardsprogramme.org.uk/ 

MaPS’ role in developing pensions dashboards  

Government has committed to facilitating the pensions industry to develop this initiative and have given specific responsibilities to the Money and Pensions Service (MaPS) which include:   

About the Money and Pensions Service

The Money and Pensions Service (MaPS) vision is: ‘everyone making the most of their money and pensions.’

MaPS is an arm’s-length body sponsored by the Department for Work and Pensions (DWP), and it has a joint commitment to provide access to the information and guidance people across the UK need, to make effective financial decisions over their lifetime. The organisation also engages with HM Treasury on policy matters relating to financial capability and debt advice.

MaPS brings together the free services previously delivered by the Money Advice Service, The Pensions Advisory Service and Pension Wise. MaPS offers customers guidance and appointments over the telephone, online and in person.

For further information visit the Money and Pensions Service website: www.moneyandpensionsservice.org.uk

Consumers can continue to access free guidance about their money and pensions via the following website:

www.moneyhelper.org.uk