Richard Lloyd, executive director Which? said: “Following our calls for the Government to lead the introduction of a pensions and savings dashboard, we welcome the commitment shown in today’s Budget. We hope that the industry uses the next three years to ensure it is a well-tested, market-wide pensions and savings dashboard that will help all consumers make sound financial decisions on retirement income.”
Which? research published 8 March 2016 found that nearly half (47%) of people aged over 50, employed and with a personal pension, were not confident about the money they had saved for retirement.