DWP extends pensions dashboards staging window

The DWP has published its response to its consultation on draft dashboard regulations

Holly Roach
clock • 5 min read

The Department for Work and Pensions (DWP) has confirmed it will extend the pensions dashboards first staging window from three to five months.

In response to its consultation on the draft pensions dashboard regulations - published today (14 July) - the DWP confirmed it will defer the deadlines for the first two staging cohorts by two months while expanding the connection window for the first cohort to five months. This change will affect master trusts with 20,000 or more relevant members, whose staging deadline will change from 30 June to 31 August 2023, and money purchase schemes used for auto-enrolment with 20,000 or more relevant members, whose staging deadline will change from 31 July 2023 to 30 September 2023. The consu...

To continue reading this article...

Join Professional Adviser for free

  • Unlimited access to real-time news, industry insights and market intelligence
  • Stay ahead of the curve with spotlights on emerging trends and technologies
  • Receive breaking news stories straight to your inbox in the daily newsletters
  • Make smart business decisions with the latest developments in regulation, investing retirement and protection
  • Members-only access to the editor’s weekly Friday commentary
  • Be the first to hear about our events and awards programmes

Join

 

Already a Professional Adviser member?

Login

Holly Roach
Author spotlight

Holly Roach

News Editor at Professional Pensions

More on Pensions

Time is of the essence for pension transfers, advisers say

Time is of the essence for pension transfers, advisers say

More than half highlighted that they are taking one to six months

Isabel Baxter
clock 28 November 2024 • 3 min read
A decade on: Risks and challenges of freedom and choice

A decade on: Risks and challenges of freedom and choice

'Let me be clear: No one will have to buy an annuity'

Adrian Boulding
clock 25 November 2024 • 6 min read
How retirement planning has transformed over the past 50 years

How retirement planning has transformed over the past 50 years

PPI report looks at the move from predictable pensions to personal responsibility

Jonathan Stapleton
clock 21 November 2024 • 3 min read