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B&CE, provider of The People’s Pension, respond to Dashboard Feasibility Study
Commenting on the Pensions Dashboard Feasibility Study, Gregg McClymont, Director of Policy for B&CE, provider of The People’s Pension, said:
“I applaud Government for recognising that such a complex and sensitive project as Pensions Dashboard project can’t be handed over to the private sector to run. Putting the Single Financial Guidance Body in charge, as we’ve long-called for, is in the public interest and a welcome proposal. The emphasis on building a non- commercial dashboard initially, is crucial if the major benefit which dashboard offers – a single register that allows savers to see all their pensions in one place – is to be realised. That’s the big prize, rather than a commercial tool for providers to market their services.
“For the dashboard to become that one-stop shop that savers need it to be, it’s vital that the state pension and public pensions are included as well as workplace and retail entitlements.”
Notes to editor: