Pensions - Articles - Pensions dashboard to be debated in Parliament


Anna Rogers, Partner at ARC Pensions Law. comments on the Pensions dashboard that is to be debated in Parliament

 “The dashboard really needs to happen if the government wants people to save enough for a decent retirement income. We can’t stop pensions being confusing and a turn off but we can make it easier to get all the information in one place and that would surely help.

 "The practical difficulties are not to be underestimated and occupational schemes are struggling to improve their own data quality. However, if the risks are to be transferred to individuals then we have to support them in making the right decisions, not just over 55 but earlier in their working life when savings decisions have the biggest long term impact.”

 “Official petitions with over 100,000 signatures have to be considered by the Government for a debate in Parliament. This is on the 38 Degrees campaigning platform, so someone needs to start one through official channels. About two thirds of all petitions get rejected as not suitable for Government action, and it seems that less than 5% have actually been debated in Parliament, but this one seems eminently suitable, with Ministers disagreeing and an important policy objective.”

Back to Index


Similar News to this Story

State pensioners to get above inflation triple lock boost
The Office for National Statistics has announced that the Consumer Prices Index (CPI) rose by 2.8% in the 12 months to February 2025, down from the 3.
Pensions for 9 in 10 DC savers invest in productive assets
TPR says larger schemes more likely to have the right governance standards and invest in a diversified portfolio. Smaller schemes seem less likely to
Transfer Activity index fell to record low in February 2025
XPS Group’s Transfer Activity Index has fallen to the lowest observed rate since the Index was established in 2018. In February 2025, there was an ann

Site Search

Exact   Any  

Latest Actuarial Jobs

Actuarial Login

Email
Password
 Jobseeker    Client
Reminder Logon

APA Sponsors

Actuarial Jobs & News Feeds

Jobs RSS News RSS

WikiActuary

Be the first to contribute to our definitive actuarial reference forum. Built by actuaries for actuaries.