Commenting on today’s story in The Times that Esther McVey could terminate the pension dashboard project Helen Morrissey, Pension Specialist at Royal London says:
"Even the suggestion that the work and pensions secretary could pull the plug on the pension dashboard project is extremely disappointing. The dashboard has the ability to boost engagement with retirement planning and to abandon the project now risks letting down millions of savers. What is all the more puzzling is that this is a policy that has received support from Treasury while pensions minister Guy Opperman has repeatedly said the dashboard will happen and urged the industry to back the project. We would urge him to do all he can to persuade the work and pensions secretary to continue with this important policy."
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For further information please contact:
Helen Morrissey, Personal Finance Specialist
- Email: firstname.lastname@example.org
- Tel: 0203 725 725
- Mob: 07919 170 712
About Royal London
Royal London is the largest mutual life, pensions and investment company in the UK, with funds under management of £117 billion, 8.8 million policies in force and 3,745 employees. Figures quoted are as at 30 June.
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