Which? responds to DWP’s pensions dashboard announcement
Gareth Shaw, Head of Money, Which?, said:
“It is encouraging to see the important recognition that all schemes must be included in dashboards, allowing consumers to finally see all of their pots in one place – so the Government must introduce legislation to ensure this is achieved.
“We welcome the crucial commitment to including the state pension. Dashboards won’t be complete without this vital component so it must be included at the earliest opportunity. Every dashboard must display all the important information consumers need in a clear and accessible way, allowing them to easily understand their pension savings and the costs involved.
“The delivery group has been tasked with some massive decisions that will determine the dashboards’ success – so we must see a clear commitment to delivering consumer-friendly tools within a swift timeframe.”
Statement