Moved by
Earl Howe
62: Clause 122, page 117, line 6, at end insert—
“(A1) The single financial guidance body must provide a pensions dashboard service by means of which—
(a) information that the trustees or managers of a relevant occupational pension scheme are required to provide by—
(i) regulations under section 238D(1)(a)(ii) of the Pensions Act 2004, or
(ii) regulations under Article 215D(1)(a)(ii) of the Pensions (Northern Ireland) Order 2005 (S.I. 2005/255 (N.I. 1)), and
(b) information that specified authorised persons are required to provide by general rules under section 137FAA(1)(a)(ii) of the Financial Services and Markets Act 2000,
may be requested by, and provided to, an individual or a person authorised by the individual.
(A2) The single financial guidance body may, by means of its pensions dashboard service, provide information about—
(a) state pensions,
(b) basic and additional retirement pensions, and
(c) state pension information relating to an individual.”
Member’s explanatory statement
This amendment requires the single financial guidance body (the Money and Pensions Service) to provide a pensions dashboard service to deal with information from occupational and personal pensions schemes. It also enables the body to include state pension information in its pensions dashboard service.