Pension Schemes Bill nears finish line with House of Lords approval

The completion of its final stage in the parliamentary process comes just over a year after being introduced. The Bill includes legislation relating to the long-awaited pensions dashboard project set for launch in 2023. Quilter pension expert Ian Browne explained there had been "sticking points" between the House of Commons and the Lords relating to pensions dashboards. "The first was around whether pension dashboards should allow users to engage in ‘financial transactions', including the consolidation of pots and transfers between providers. "Opposition peers had concerns that all...