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Why the pensions dashboard is big news for UK personal finance

Why the pensions dashboard is big news for UK personal finance

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Several pension schemes have expressed dismay at the 2024 launch date for the pensions dashboard, but why? In this episode, Jonathan Hawkins from Bravura explains that schemes have no excuses for not having their data ready, and also outlines that opacity has been in the best interests of those offering little value to customers. We also look at the good that dashboards can bring. Like never before, UK pension holders will be able to see what's really going on with their investments, and they'll be able to access it easily and in an understandable manner. While this means that some will learn that they've been ripped off, it also means that we are moving into an era of better pension schemes, and greater transparency for those who need it most.

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