The government should allow the industry to develop multiple commercial pensions dashboards, according to the Association of British Insurers (ABI).
It comes amid concerns that the project is falling behind schedule to meet its 2019 deadline, while there is still no sign of the Department for Work and Pensions' feasibility study which was due in spring....
'Not appropriate to comment'
Proposals for mandatory tendering of fiduciary management services, as well as additional guidance for trustees, have been welcomed by industry commentators albeit with some caution.
Sterling has fallen on the back of inflation figures released this morning, which show the UK Consumer Price Index (CPI) remained steady at 2.4% in June.
John Wotton says the competition watchdog's package of proposals will help trustees get the best deal and be satisfied they are acting in their members' best interests