Prime Minister backs 'Pensions Dashboards' initiative

Prime Minister Theresa May has outlined her commitment to the launch of the so-called 'Pensions Dashboards' initiative.

03 Dec 2018

Prime Minister Theresa May has outlined her commitment to the launch of the so-called 'Pensions Dashboards' initiative.

The new Pensions Dashboards will enable workers to view their future retirement funds on their mobile phones and tablet computers.

A feasibility study on the development of hi-tech tools has been launched, with the stated aim of analysing how multiple pensions from different workplace and private schemes can be brought together in one place. This would allow savers to understand what income they can expect in retirement.

Pensions Minister Guy Opperman stated that the Pensions Dashboards initiative could 'revolutionise' the way in which workers prepare for retirement. He commented: 'Having pensions information at the touch of a screen will ensure better-informed, more engaged savers and help many more people to plan effectively for retirement.'

Meanwhile, the Prime Minister said: 'Bringing pensions online will transform retirement planning – giving people straightforward access to all their pension information in one place.

'I welcome the industry's commitment to make this new technology a reality.'

The first Pensions Dashboard is expected to go live in 2019.

Quick Links

Home | Contact us | Accessibility | Disclaimer | Help | Site map |

© 2024 Blue Spire Limited (Brighton). All rights reserved.

We use cookies on this website, you can find more information about cookies here.

Blue Spire Limited (Brighton) are Accountants in Brighton.

Contact Brighton Office

Tel: +44 (0)1273 739533
Fax: +44 (0)1273 732844
Email: brighton@bluespiregroup.com


Contact Chichester Office

Tel: +44 (0)1243 781234
Fax: +44 (0)1243 791770
Email: chichester@bluespiregroup.com

Brighton Address
5th Floor Intergen House, 65-67 Western Road, Hove, East Sussex BN3 2JQ

Chichester Address
Cawley Priory, South Pallant, Chichester, West Sussex PO19 1SY

Blue Spire Limited is Registered to carry out audit work in the UK and Ireland and regulated for a range of investment business activities by the Institute of Chartered Accountants in England and Wales C004152645. Professional indemnity insurance is provided by Royal & Sun Alliance Insurance Plc 9th Floor, One Plantation Place, 30 Fenchurch Street, London, EC3M 3BD and its territorial coverage is worldwide (excluding United States/Canada).
Blue Spire Financial Planning Limited is authorised and regulated by the Financial Conduct Authority. FSA register https://www.fca.org.uk/register reference 566257. This guidance and/or advice contained within this website is subject to the UK regulatory regime, and is therefore targeted at customers based in the UK