Question to the Department for Work and Pensions:

To ask the Secretary of State for Work and Pensions, what recent progress has been made on pensions dashboards.

Pensions dashboards will make it easier for people to see their pensions information, including their State Pension, in one place online at the touch of a smartphone, laptop, or computer at home. This will help to put people in greater control of their pensions and reconnect them with any lost pension pots.

The Government has made significant progress in facilitating the delivery of pensions dashboards, working in close collaboration with key delivery partners including the Pensions Dashboards Programme, which is part of the Money and Pensions Service, the Pensions Regulator and the Financial Conduct Authority.

Following extensive consultation with industry and other interested parties, the Department laid the draft Pensions Dashboards Regulations 2022, in Parliament, on 17 October 2022. This is an important milestone, setting out detailed requirements for occupational pension schemes and for organisations seeking to provide a qualifying pensions dashboard service. The Financial Conduct Authority intends to publish final rules for personal and stakeholder pensions shortly. The Pensions Regulator is providing support to help schemes meet their connection deadlines, including through guidance and writing to schemes at least 12 months ahead of their deadline.

The Pensions Dashboards Programme is responsible for delivering the digital architecture that will make dashboards work and is due to publish its next progress update report in the coming weeks. The overall delivery timetable remains on track with the Programme focused on building and testing the digital architecture to enable the first cohort of schemes to connect from April 2023.