Responding to reports that a Pension Dashboard could be available within months Helen Morrissey, pension specialist at Royal London, said:
“After years of talk about the Pension Dashboard we need to ensure that what is delivered meets people’s expectations from the start. If done properly the dashboard will give people a full understanding of what they have saved. If it is rushed, or we don’t have all interested parties on board from the beginning, there is a risk that we will not be able to deliver something meaningful or credible and the opportunity to engage people will be lost. In addition, the government’s plan to provide a link to state pension is simply not good enough - pressure needs to be put on HMRC to get the state pension data integrated from day one if the dashboard is to work. The opportunity presented by the dashboard is too important to be lost - we must get it right first time.”
For further information please contact:
Helen Morrissey, Corporate PR Specialist – Long Term Savings
- 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 £114 billion, 8.8 million policies in force and 3,893 employees. Figures quoted are as at 30 December 2018.
At Royal London, we’re proud to champion the value of impartial advice. We believe it plays a crucial role in connecting people with the products that are right for them – and is key to delivering better outcomes and experiences for our customers. At the same time, it helps to build trust in our products and services.
Royal London works alongside advisers not in competition with them. That’s why we’ve made some key commitments to the intermediary market. You’ll find more detail on our commitment to advisers at http://adviser.royallondon.com/campaigns/our-commitments/