Question to the Department for Work and Pensions:

To ask the Secretary of State for Work and Pensions, what discussions his Department has had with the Financial Conduct Authority on making the provision of a pensions dashboard a new regulated activity.

The DWP is leading a feasibility project to explore a range of issues that need to be considered in order to deliver the pensions dashboard.

Pensions dashboard would involve using and sharing personal information about pensions. Therefore, we would need to ensure that appropriate governance is in place so that the information on a dashboard is presented and used in a way that is in the customer’s best interest.

The DWP is working with other government departments, industry, consumer facing organisations and the regulators – The Pensions Regulator and Financial Conduct Authority – to carry out the feasibility work, and is committed to publishing its findings by March 2018.