The government has announced that the staging timetable for connection to the pensions dashboards ecosystem will be delayed. The delay has been announced because more time is required to put the central digital architecture of the ecosystem in place. The government has said it will legislate to amend the staging timetable as soon as possible, but it has not indicated when the revised timetable might begin. However, the government will ensure that the pensions industry has adequate time and the necessary technical information to prepare for the revised connection deadlines. The government will provide a further update before the summer parliamentary recess (which starts on 20 July 2023). No other changes are being made to the requirements to which schemes will be subject under the dashboards legislation.
For more information, or advice in relation to the pensions dashboards requirements, please speak to your usual Mayer Brown contact.