Commenting on the Written Statement on the Pensions Dashboard, Adrian Boulding, Director of Policy at NOW: Pensions said: “For the dashboard to succeed, government need to be in the driving seat not in the passenger seat.
“It’s clear that legislation is essential to compel all providers to share their data with the dashboard and the inclusion of the State Pension is a must.
“For most people, the State Pension will still make up the majority of their retirement savings and a dashboard without this data would be pointless. A large number of people also have public sector pensions and government need to ensure that this data is available. We hope the feasibility study will shed more light on how the government sees its role in this potentially revolutionary project.”
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For further information:
Amy Mankelow/Cheriton Alexander
Tel: 02038906197 / 07887604640
Notes to editors
NOW: Pensions www.nowpensions.com @nowpensions
NOW: Pensions is one of the UK’s largest workplace pension providers with over a million members and tens of thousands of employers from a wide range of sectors. A company wholly owned by Danish pension scheme ATP, one of Europe’s largest pension funds. NOW: Pensions entered the UK market in 2011 with a simple and cost effective workplace pension designed specifically with the auto enrolment market in mind.