Keeping Track of the Latest Pensions Dashboards Connections
With less than a year remaining until the final deadline for pensions dashboards connection, the number of providers linked to the dashboards ecosystem is steadily increasing.
Pensions UK on State Pension Costs
Pensions UK has called for a review of the triple lock mechanism amid rising costs of the state pension.
Concerns About Pension Tax-Free Cash
- Rumours are circulating about a potential raid on tax-free pension lump sums.
- A majority of people express concern over possible reductions to pension tax-free cash in the upcoming Autumn Budget.
HMRC Tax Repayments Milestone
HM Revenue and Customs (HMRC) has surpassed £1.5 billion in overpaid tax repayments.
Insights from Recent Blogs and Research
- World Mental Health Day 2025 was highlighted in a recent blog.
- A blog explored whether robo-advice can effectively replace human advice in pensions.
- Pensions Awareness Week 2025 is described as an uphill challenge for awareness efforts.
- Research shows the number of pensioners paying a 60% tax rate has doubled.
Regulatory Updates
Minimal changes are expected to the AS TM1 regulation, and the final UK Stewardship Code guidance has been published.
Countdown to Dashboards Deadline
The one-year countdown to the final pensions dashboards connection deadline has officially begun.
“With just under a year until the final pensions dashboards connection deadline, the number of providers connected continues to grow.”
Author’s summary: The pensions sector faces critical developments with growing dashboard connections, rising pension costs, tax concerns, and important regulatory updates ahead of the final deadline.