In late December, Prime Minister Sir Keir Starmer tasked 10 regulators with removing ‘barriers to growth’ in order to attach the jump leads to the UK economy. On 16 January, the FCA wrote a letter to the Government to outline their plans to support the growth agenda.
The FCA has opened a consultation into new guidance to be added to its Perimeter Guidance Manual (PERG) as the much-delayed Pension Dashboards Programme continues to inch forwards.
Pension dashboard services firms have been urged to maximise the opportunities offered by the extended pensions dashboard deadline.
Under a third of pensions professionals believe pension dashboards will be of use by 2025.
Pension savers hoping to see their retirement pots in one place online under Pension Dashboards may have to wait until at least 2025 under the timetable for schemes to connect to Dashboards.
If Pension Dashboards are to be successful, they must include all pension savings from day one, Aegon has said.