UK. Providers Take First Steps Towards Pension Dashboard
The government has challenged pension providers to build a fintech app that will revolutionise retirement planning by showing all a saver’s pensions in one online place.
Pension dashboards are a way of urging retirement savers to put more money aside for when they give up work by helping them see just how much they have saved – and how much money they need for a comfortable retirement.
According to official statistics, most workers will have at least 11 jobs during their working life – which could mean having a pension pot linked to each.
One in three workers says they have lost track of these pensions and need help finding them, according to official statistics.
Full Content: iExpats
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