A Report by the Director of Pensions provided an introduction of a national Pensions Dashboard, emanating from a Government led project requiring the pension industry to design and own the dashboard whilst harnessing the best of industry innovation.

Members were advised how The Pensions Dashboard programme is set to revolutionise the way savers interact with the retirement savings, enabling them to see a comprehensive picture of all their different pension entitlements including the State Pension, online and in a single place.

Members heard how The Pension Scheme Act 2021 had received Royal Assent on 11 February and provided the legal framework to support pension dashboards, including powers to compel schemes to provide member information.

Questions by Members were responded to and it was moved by the Chair and formally seconded by Councillor C Povall and

Resolved – That the Pensions Committee note the requirement to improve the reliability of date in accordance with the Pensions Dashboards Programme date standards guide in order to supply the correct information to the dashboards and ensure compliance with the statutory staging timeline to onboard schemes.