Pension Dashboard Delayed Until 2026

Published / Last Updated on 08/06/2023

The Department for Work and Pensions (DWP) has today confirmed that the Pensions Dashboard programme will now be delayed until October 2026.

What is the Pensions Dashboard?

This is a programme, supported by pension providers, advisers and the government to allow people to access up to date pensions information online for all your pensions, in one place. When live, pension dashboards will display an individual's various pension savings accounts, including State Pension securely, online and in one place.  This will allow you to have a clearer, rounded picture of your progress towards your retirement goals in one, combined place rather than logging into many different accounts.

Why has the DWP Delayed Pensions Dashboard?

The DWP has concluded that both government agencies and pension providers need more time to be able to deliver their information into a complex platform that can meet consumers needs in a simple to use and understand format.

Comment

We are already building dashboards to combine multiple sectors of your financial information on our own client dashboard, and we do not see this this process as that difficult.  Tax return, bookkeeping software, pensions, investments and platforms have been exchanging secure, encrypted messages and actions for tax, banking, pensions, investment values, life insurance, motor insurance and home insurance quotations for years.  It is an everyday occurrence for us all to access online banking and even open banking, where you can see balances for all bank accounts with different banks in one place.

Our best guess is the DWP is not ready.  This is a shame given we actually own ‘pensionsdashboard.com’ and are looking forward to implementing this for individuals and clients alike.  One day, it will come.

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