09 June 2023

The Department for Work and Pensions (DWP) has issued a written ministerial statement providing an update on the connection deadline for the Pensions Dashboards Programme (PDP). The previous staging timeline set out in legislation, will be replaced with a connection deadline of 31 October 2026.

It was announced that more time is needed to deliver the complex build and for the pensions industry to help facilitate the connection. As part of the reset of the PDP, on 8 June 2023, Minister for pensions, Laura Trott laid out amended regulations. This consists of a new approach to delivery, which allows a more collaborative relationship with the pensions industry. Rather than setting out the entire staging timeline in legislation, this will instead be set out in guidance, this year. This will give the PDP the flexibility it needs to ensure this complex project is completed effectively.

Minister for pensions, Laura Trott said:

‘‘In recognition that the requirement to connect to the digital architecture should remain mandatory, we will include a connection deadline in legislation of 31 October 2026. This is not the Dashboards Available Point – the point at which dashboards will be accessible to the public – which could be earlier than this.

The Government remains as committed as ever to making pensions dashboards a reality and we are ambitious about their delivery. I am confident that this re-appraised approach will enable us to make significant progress on delivering dashboards safely and securely, enabling consumers to take advantage of their benefits to plan for retirement.’’

The statement comes after the minister announced there would be a reset of the PDP in early March. However, guidance will be published detailing when pension providers and schemes are expected to connect to dashboards.

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