Millions could 'lose £15,000' if govt scraps pension dashboard

The campaign group calculated the £15,000 figure by looking at government data that suggested there will be 49.6 million dormant pension pots worth £757bn by 2050. Dividing £757bn by 49.6 million gives an average pot size of about £15,000. 38 Degrees hosts the petition to save the pensions dashboard, which has now gathered 174,690 signatures. The petition is addressed to secretary of state for work and pensions Esther McVey (pictured) and has called on the government not to "scrap" the project. It came after McVey was reported to be preparing to "kill off" the government's involvem...