The chair of the Pensions Administration Standards Association (PASA) has urged the government to force pension providers to sign up to the pensions dashboard, saying she anticipated "resistance" from some.
Margaret Snowdon (pictured) called on participation in the dashboard project to be made compulsory for all after she found defined benefit (DB) pension providers were not keen to share their data. In an interview with the FT she said: "Defined benefit pensions are where there is most resistance and reluctance." "Unlike newer defined contribution schemes, DB schemes do not have much online presence, so there is more work for them to prepare their data for the dashboard and they are put off by the cost and effort." Snowdon is a member of the Treasury pension dashboard steering group,...
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