ABI: Do not limit pension dashboard to single government design

Multiple commercial options should develop

Kim Kaveh
clock • 1 min read

The government should allow the industry to develop multiple commercial pensions dashboards instead of a single platform designed by civil servants, 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. Speaking at Professional Pensions' Pensions and Benefits UK conference on 27 June, the trade body's head of retirement policy Rob Yuille said it does not make sense to limit the dashboard to a "single government-designed lens". "That's not to say that there shouldn't be a government-backed dashboard; there absolutely should be. But it doesn't seem right to limit it just to that." ...

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