The financial services industry should give itself a 2019 deadline for the introduction of a pensions dashboard, the Financial Advice Market Review (FAMR) has recommended.
FAMR - a joint Financial Conduct Authority (FCA) and Treasury project - recommended a package of measures aiming to encourage consumer uptake and awareness of advice. It said a pensions dashboard allowing consumers to access their data at any time would support retirement planning and give people more control. The dashboard project would involve a wide range of industry and government bodies and help consumers access data on savings which might be spread across several pots. The dashboard would be a digital interface displaying information about all of an individual's pensions in o...
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