Pensions dashboards are coming

 

Pensions dashboards will bring about a landmark change in the way individuals can access information about their pensions. For the first time, savers will be able to see most of their future pension information securely online, and all in one place. 

Download our publication for an introductory guide to pensions dashboards and the steps you can take now to prepare.

At a glance:

• Pensions dashboards are taking shape.

• After formal consultation in March 2022, final regulations became law in 2022.

• A staged connection timetable is now set out in guidance, with a final connection guideline of 31 October 2026 – the largest schemes are expected to connect by 30 April 2025.

• Updated data standards were published in May 2024 – these set out how data returned on a dashboard must be formatted.

• TPR published their compliance and enforcement policy in September 2024.

• Trustees and scheme managers are urged to start planning now.

If you have any questions about anything discussed, please contact your usual Hymans Robertson consultant or get in touch.