Following today’s announcement about the delivery of the Pensions Dashboard, Paul Waters, Head of Digital Wealth, Hymans Robertson, says:

“The industry will welcome the additional time to deliver the pensions dashboards that the delay announced today offers. However, in reality it is pushing back even further the time for which consumers have the pension find and view service that is needed, as well as the resulting retirement guidance and support the industry can wrap around this.

“Clarity on the changes and future timescales are needed urgently for providers managing delivery programmes, for financial services firms looking to innovate around dashboards and ultimately for consumers. We cannot afford to slow the pace of any of the above if we are to deliver the pension savings and retirement guidance ecosystem needed for todays and tomorrows retirees.”