PensionBee comments on National Audit Office report into Pensions Dashboards Programme

Laura Dunn-Sims

by , Head of Consumer PR

10 May 2024 /  

May 2024

Becky O'Connor, Director of Public Affairs at PensionBee

PensionBee, a leading online pension provider, has commented on today’s (10 May) National Audit Office (NAO) release of its report on the investigation into the Pensions Dashboards Programme.

Becky O’Connor, Director of Public Affairs at PensionBee, commented: “We recognise the significance of the Pensions Dashboards Programme (PDP) and its potential to help retirement planning for millions of savers across the UK. The recent National Audit Office (NAO) report sheds light on the challenges faced by the programme, particularly the digital skills shortage and governance issues, which have contributed to delays in its implementation.

The PDP aims to empower individuals by offering a centralised platform to access information about their pensions conveniently. This initiative aligns with our mission at PensionBee to make pensions simple, so that everyone can look forward to a happy retirement.

However, the delays highlighted in the report underscore the importance of robust scrutiny and ensuring that valuable lessons are learned if the programme is to move forward. The revised connection deadline of October 2026 presents a new milestone for the programme, and it is crucial that efforts are intensified to meet this target.

PensionBee remains committed to supporting initiatives that enhance pension accessibility and looks forward to the successful completion of the PDP.”

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