View more on these topics

Pressure on govt to save pension dashboard gains momentum

A public petition against plans to shelve the pensions dashboard has climbed from 17,000 to more than 82,000 signatures since Thursday.

The petition, hosted by 38degrees, was launched six days ago.

Backlash against the government has emerged over the past week as rumours swirl that ministers are considering abandoning the planned 2019 introduction of the dashboard.

Adviser trade body Pimfa is also calling on the government to move forward on the plans.

The call comes after work and pensions secretary Esther McVey says the dashboard is distracting from the roll out of universal credit.

Pimfa senior policy adviser Simon Harrington says Pimfa is “extremely disappointed by speculation” of cutting the plans.

Calling on the government to stand by its commitment, Harrington says the dashboard will play a crucial role engaging savers and reducing the cost of advice.

LEBC Group director of public policy Kay Ingram says the introduction of the dashboard will also protect consumers from fraud.

She says: “A 21st century tech-led dashboard will be critical in achieving good retirement outcomes. We very much hope that the government will press ahead.”

Recommended

Ros Altmann
1

Former pensions minister Altmann to chair fintech firm

Former pensions minister Ros Altmann is to chair a pensions fintech firm focused on auto-enrolment. Pensionsync, which is part of the FCA’s Regulatory Sandbox, wants to improve auto-enrolment administration by focusing on data protection. Altmann says:” Our mission will be to improve pension auto-enrolment administration to ensure more accurate and secure data. In the next stage of […]

File image of Welders at work in steel forge
5

Second British Steel IFA goes into liquidation

A second advice firm involved in the British Steel saga has gone into liquidation, according to an insolvency notice published by The Gazette. An update published on The Gazette’s website shows Retirement & Pension Planning Services, based in Barnsley, appointed liquidators on 25 June. It says this is a solvent liquidation and all known creditors […]

1

FCA staff warm to new Stratford office location

FCA staff are warming to the regulator’s move from Canary Wharf to Stratford, according to its latest board minutes. Earlier this month, employees began moving to the regulator’s new east London site, with teams such as communications among the first to transition. Money Marketing previously reported on internal documents showing that staff at the FCA […]

Can you put a hat on?

By Sarah Scott, marketing consultant You might think the question in the title is a strange one. Perhaps even more so when you learn that it’s one of several asked as part of an assessment for Employment Support Allowance eligibility in the opening scenes of the 2016 film, ‘I, Daniel Blake’. Daniel is a carpenter […]

Newsletter

News and expert analysis straight to your inbox

Sign up

Comments

There is one comment at the moment, we would love to hear your opinion too.

  1. Just another ploy by the government to save money whilst penalising working class people by making things more difficult for them.

Leave a comment

Close

Why register with Money Marketing ?

Providing trusted insight for professional advisers.  Since 1985 Money Marketing has helped promote and analyse the financial adviser community in the UK and continues to be the trusted industry brand for independent insight and advice.

News & analysis delivered directly to your inbox
Register today to receive our range of news alerts including daily and weekly briefings

Money Marketing Events
Be the first to hear about our industry leading conferences, awards, roundtables and more.

Research and insight
Take part in and see the results of Money Marketing's flagship investigations into industry trends.

Have your say
Only registered users can post comments. As the voice of the adviser community, our content generates robust debate. Sign up today and make your voice heard.

Register now

Having problems?

Contact us on +44 (0)20 7292 3712

Lines are open Monday to Friday 9:00am -5.00pm

Email: customerservices@moneymarketing.com