Dashboards notice period extension given to pension providers

Notice specifying the DAP must be issued at least six months before

Holly Roach
clock • 2 min read

The government has announced it will give pensions schemes and providers more notice before pensions dashboards go live to the public.

The Department for Work and Pensions (DWP) yesterday (17 October) said it has amended its dashboards available point (DAP) proposal so the secretary of state must now issue a formal notice at least six months before the point at which dashboards services will be made available to members of the public.  The regulations now outline that before issuing a notice to specify the DAP, the secretary of state "must be satisfied that the dashboards ecosystem is ready to support widespread use of qualifying pensions dashboards services by the general public, having regard to any matters that the s...

To continue reading this article...

Join Professional Adviser

  • 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

More on Pensions

How blockchain can bring real-world benefits to pensions

How blockchain can bring real-world benefits to pensions

But how many firms will use it to their advantage?

Adrian Boulding & Ihab El-Saie
clock 07 December 2023 • 7 min read
Gilt pressure sees DB transfer take-up levels hit 'all time low'

Gilt pressure sees DB transfer take-up levels hit 'all time low'

Average transfer values at the second lowest level since 2015

Jasmine Urquhart
clock 05 December 2023 • 1 min read
OECD urges reform of 'costly' state pension triple lock

OECD urges reform of 'costly' state pension triple lock

State pension change would ease eroded ‘fiscal headroom’

Jenna Brown
clock 30 November 2023 • 2 min read