Monday 10th July 2023

(1 year, 5 months ago)

Ministerial Corrections
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Draft Pensions Dashboards (Amendment) Regulations 2023
The following is an extract from the debate on the Draft Pensions Dashboards (Amendment) Regulations) 2023 in the First Delegated Legislation Committee on Monday 3 July 2023.
Laura Trott Portrait Laura Trott
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We expect that the connection timetable in guidance will continue to prioritise large schemes with the greatest number of members for the first connections. It is also important to note that the dashboards’ available point—the point at which dashboards will be available for widespread public use—could happen before the October 2026 connection deadline in the regulations. The connection timetable set out in guidance will require scheme trustees or managers to have regard to the guidance; not doing so would be a breach of the regulations.

[Official Report, First Delegated Legislation Committee, 3 July 2023, Vol. 735, c. 4.]

Letter of correction from the Under-Secretary of State for Work and Pensions, the hon. Member for Sevenoaks (Laura Trott):

An error has been identified in my opening speech.

The correct information should have been:

Laura Trott Portrait Laura Trott
- Hansard - - - Excerpts

We expect that the connection timetable in guidance will continue to prioritise large schemes with the greatest number of members for the first connections. It is also important to note that the dashboards’ available point—the point at which dashboards will be available for widespread public use—could happen before the October 2026 connection deadline in the regulations. Trustees and managers will be expected to demonstrate how they have had regard to the timeline set out in guidance; not doing so would be a breach of the regulations.