Responding to confirmation this morning from Pensions Minister Guy Opperman that the Department for Work and Pensions will take forward development of the Pensions Dashboard, Huw Evans, Director General of the Association of British Insurers, said:
"I am delighted the pensions dashboard is being taken forward by the Government and that the hard work of the ABI and our partners to deliver a prototype will now be continued. A pensions dashboard is vital to helping workers keep track of their pension savings as they move employment as well as helping them track down lost pension pots likely to be worth billions in total. The long-term savings industry will work closely with the Government on the next steps to help make this scheme a success for customers."