pension dashboard
Pension Schemes Bill gets final approval and waits for Royal Assent
The long-debated Pension Schemes Bill has received parliamentary approval, guaranteeing its place on the statute book.
Second pensions bill expected in this parliament
A second pensions bill is likely during the “life of this parliament”, according to pensions and financial inclusion minister Guy Opperman.
Register now: How is Covid-19 disruption driving digital transformation in pensions?
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.
Efforts to tackle legacy issues must be accelerated
The government’s focus on pensions dashboards and pension transfer times will require the industry to improve its data accuracy and administrative efficiency, says Anthony Rafferty.
Peers welcome pensions bill but question government powers
The pension schemes bill has passed its second reading in the House of Lords, despite questions over the breadth of government powers.
Dashboards must learn from open banking
Lessons must be learned from open banking in order to make the pensions dashboard a success for the modern saver, says Darren Philp.
Thérèse Coffey reaffirms government pension plans at Tory conference
Work and pensions secretary Thérèse Coffey has reaffirmed the Department for Work and Pensions’ (DWP) pension commitments just over three weeks after taking office.
Breaking down the barriers to pensions understanding
Pensions have been seen as unfathomable for too long. George Currie says two initiatives currently underway may begin to change this perception.
DB superfund regime should be robust but not onerous
As the DWP's consultation on consolidation comes to a close, Stephanie Baxter takes a look at the industry's responses
Allow DB scheme rights to be simplified, says industry
The government should introduce legislation to allow for defined benefit (DB) scheme rights to be simplified, say this week's Pensions Buzz respondents.
Partnership deal agreed between ABI and NEST
The Association of British Insurers (ABI) and the National Employment Savings Trust (NEST) have agreed a partnership deal in a bid to formalise their relationship.
Eight Budget announcements for the pensions industry to note
Philip Hammond's 2018 Budget speech was entirely devoid of any mention of pensions, but the documents do include some things for the industry to take note of. Professional Pensions rounds up the eight key Budget plans and shortcomings.
Bumper bill inbound but pension policy stability will follow, Opperman pledges
A "substantial" parliamentary bill acting as a "roadmap" for the long-term future of private pensions will lead to a "significant period of calm", Guy Opperman has promised.
Esther McVey: Dashboard will 'build on' DWP's state pension tool
Esther McVey has reiterated the government's support for an industry-led pensions dashboard as she praised the success of auto-enrolment (AE).
Origo: The dashboard is not just about legacy products
Anthony Rafferty says that arguments against the dashboard, based on legacy data issues, ignore the power and good it can do for the younger generations
Millions could 'lose £15,000' if govt scraps pension dashboard
Some 10 million people in the UK stand to retire with £15,000 less if the government scraps the pension dashboard, according to research by 38 Degrees.
Government rejects 'default decumulation pathways' at retirement
The government has rejected the Work and Pensions Committee proposal to introduce a 'default decumulation pathway' at retirement.
Origo successfully trials pensions dashboard for 15 million users
DWP paper expected soon
Over seven million people may have misplaced retirement savings
Just over one in five people with multiple pension pots have lost track of some of their savings, Aegon research finds.
Dashboard must be ready for 15 million users, analysis finds
Any pension dashboard will need to be able to cope with as many as 15 million people from day one, according to analysis by Origo.
Esther McVey's key priorities for pensions
Esther McVey must ensure current pension projects are not neglected and continue the success of auto-enrolment (AE) as a priority, industry commentators say.
ABI: Government must force schemes over dashboard
Michael Klimes examines the key recommendations from the ABI's roadmap report on the dashboard.
GMP equalisation should be axed, says industry
Respondents say GMP equalisation is too complex, costly, and should be binned.
Five stories you may have missed this week
This week's top stories included coverage of Labour's leaked manifesto and a settlement being reached in the long-running Nortel Networks saga.
