Pensions dashboards policy
Pensions dashboards are being developed to enable people to access information about their pensions online.
A pensions dashboard is an online tool where people can access their pension information.
In the UK, these dashboards will show information about pensions from different providers and the State Pension in one place. They are not available yet.
Why is the government supporting pensions dashboards?The government wants pensions dashboards to help people understand their pensions and plan for later life. Dashboards would let people with multiple pensions see them all in one place.
Who will provide pensions dashboards?Both the public sector and commercial providers are developing pensions dashboards.
In October 2024, the government said it was prioritising a non-commercial dashboard. The Money and Pensions Service, an arm’s-length body of the Department for Work and Pensions, is building the dashboard.
Who else is developing pensions dashboards?Commercial providers can develop their own pensions dashboards. All dashboards will connect to a single digital ecosystem. The Money and Pensions Service is creating the ecosystem through a Pensions Dashboards Programme.
The Pensions Regulator and the Financial Conduct Authority will regulate the pension schemes and providers sharing data with dashboards. The Financial Conduct Authority will also authorise and regulate pensions dashboard operators.
When will pensions dashboards be available?In October 2024, the government said it was too early to confirm when dashboards will be available to the public. It is prioritising the non-commercial dashboard provided by the Money and Pensions Service through MoneyHelper.
Legislation requires all pension schemes and providers connect to the pensions dashboards ecosystem by 31 October 2026.