The Department for Work and Pensions (DWP) will consult on the detailed design for the pensions dashboard later this year and the project will include the state pension, it has been confirmed.
In the Budget today, HM Treasury confirmed the DWP would consult later this year on the detailed design for pensions dashboards, and on how an "industry-led approach" could "harness innovation while protecting consumers". The Budget also provided £5m of extra funding in 2019-20 to help make this a reality. Documentation published alongside the Budget said the dashboard would also "include the state pension". Commenting on the announcement, Association of British Insurers director general Huw Evans said: "It's good to see provision in the Budget of £5m of new funding to help enable ...
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