The PLSA strongly supports the Pensions Dashboard project. Measures that make it easier for people to see all of their pension savings (state and private) in one place, supported, ideally, by planning tools such as the PLSA’s forthcoming Retirement Income Targets, offer a major opportunity to help savers to achieve better retirement incomes. To be successful, dashboards should deliver three principal benefits:
- Help savers to locate their various pensions.
- Help savers to understand the value of their pensions in terms of an estimated retirement income.
- Help savers to plan for retirement.