UK OKs Plans To Centralize Pension Data Onto Dashboards
Law360, London (April 4, 2019, 8:28 PM BST) -- The U.K. government on Thursday approved plans to build a clearinghouse pulling together workers' pensions onto a single platform, with industry groups cheering the move for dragging pensions "out of the digital Stone Age."
The Department for Work and Pensions released plans for a new pensions dashboard enabling people to keep track of their retirement savings through a single platform. Currently, workers who've changed careers and had more than one employer can only plan for old age by logging into separate websites.
Facts and figures about workers' projected retirement income will be in one place and accessible via computer, phone or...
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