The pension dashboard will have to incorporate the state pension to be successful according to the People's Pension's Darren Philp (pictured above).
Speaking at the Workplace Pensions Live 2016 conference on 11 May, the master trust's director of policy and market engagement argued the state pension will be a large part of retirement income for many.
He said on a panel: "This can only work if the state pension is on it [the pension dashboard]. For the vast majority of people especially those who have been auto-enrolled for the first time the state pension will be the vast chunk of income for retirement individuals. So if you don't have the state pension on it, then it won't get off to a good start."
For a pension dashboard to be established there needs to be a degree of stability within the state pension. "I think it has been more stable than it has been for a while so it is probably a case of glass half full and glass half empty," Philp continued.
Philp was speaking on a panel alongside Wealth Wizards account director Phil Blows and Origo head of marketing Richard Clark.
Another challenge to get around is the inclusion of any defined benefit guarantees or adjusted pensions information onto the dashboard.
A lingering question is how guaranteed minimum pensions will be incorporated into the state pension and the effect this would have in creating a dashboard which is expected to be set up by 2019.
Origo managing director Paul Pettitt who did not take part in the panel but was contacted by PP on this matter said: "The dashboard will have to have an explanatory note to indicate if there are guarantees. There might be the facility within the dashboard to export data to a financial adviser to explain it. It is within that broader context of being able to display all pensions [information]."
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The Hewlett Packard Retirement Benefit Plan has reappointed EQ Paymaster as its third-party administrator (TPA) for five years.
Schemes and their administrators have rightly received much praise for ensuring that pensions have continued to be paid in full and on time during an unprecedented period of disruption.