Further consultation on Pensions Dashboards Regulations launched

The Department for Work and Pensions opened a second consultation on the draft Pensions Dashboards Regulations 2022 on 28 June 2022, covering the Dashboards Available Point and information sharing between MaPS and TPR.

The Department for Work and Pensions (DWP) launched a further consultation on the draft Pensions Dashboards Regulations 2022 on 28 June 20221. It is the second of two public consultations on the draft regulations, and it ran from 12:15am on 28 June 2022 to 11:30pm on 19 July 20221. The consultation applied to England, Scotland and Wales1.

The DWP said the January consultation, "Pensions dashboards: consultation on the draft Pensions Dashboards Regulations 2022", sought views on a range of policy questions relating to the creation of pensions dashboards, and included an indicative draft of the regulations to show how the policy was envisaged to be turned into law1. Having considered the feedback, the department said the purpose of the further consultation was to seek views on two specific issues that were not included in the January consultation1:

  • The Dashboards Available Point (DAP)
  • Proposals to support the Disclosure of Information between the Money and Pensions Service (MaPS) and The Pensions Regulator (TPR)
"This consultation is the second of two public consultations on the draft Pensions Dashboards Regulations 2022."
Pensions dashboards: further consultation, GOV.UK1

The consultation page was first published on 28 June 2022, and the email address for responses was changed to pensionsdashboard@dwp.gov.uk the same day1. A government response to the further consultation was published on 17 October 2022, as an HTML page and as a PDF of 362 KB and 14 pages1. The consultation page states that the consultation has concluded1.

Why it matters for households

Pensions dashboards are intended to let people see their pensions in one place, and the draft regulations set out the legal framework for them. This consultation covered two pieces of that framework: the Dashboards Available Point, which concerns when dashboards become available, and arrangements for disclosing information between MaPS, which is the Money and Pensions Service, and TPR, which is The Pensions Regulator1. The consultation itself did not change what savers can do; it was a stage in making the regulations. The outcome document published on 17 October 2022 sets out the government response1. The consultation applied to England, Scotland and Wales1; the source does not state how the position differs in Northern Ireland, and that has not been reported here.

What happens next

The consultation closed on 19 July 2022 and the government response was published on 17 October 20221. No further steps are set out in the consultation page beyond that response1.

Sources1 cited
  1. Pensions dashboards: further consultation - GOV.UK gov.uk