Open letter demands McVey legislates for pensions dashboard

Hannah Godfrey reports...

Photo: UK Parliament CC BY 3.0
Photo: UK Parliament CC BY 3.0

More than 50,000 people have signed an open letter to work and pensions secretary Esther McVey, asking her to legislate for the creation of the pension dashboard.

The letter, hosted by campaign group 38 Degrees, has asked the minister to make it a legal requirement for all pensions providers to sign up to the dashboard.

Signatories have also asked that the dashboard include the state pension, and that it displays “clear and neutral” information. The letter had gathered 52,270 signatures at the time of writing.

It has been a challenging few months for the project. In July reports emerged that McVey (pictured) was set to kill off government support for the project before, the next day, pensions minister Guy Opperman declined to deny the dashboard was being canned.

In response to the previously unaddressed rumours more than 125,000 signed a petition in a bid to save the dashboard project. Last month, however, McVey worked to put an end to rumours that the project would be scrapped and announced she was backing the pensions industry to deliver the dashboard.

The dashboard was first mooted in the 2016 Budget and the government has always aimed for the technology to be up and running in 2019.

Feasibility study

The Department for Work and Pensions (DWP) is yet to publish a feasibility study on the project, which will assess whether compulsion is needed, if there should be multiple dashboards, and who should host the online tool.

The study had been due to be published in March but has been delayed, with Opperman recently stating it would be published “fairly soon”.