Isio has appointed Matthew Cooper as covenant solutions director
Delays to pensions dashboards have pushed the estimated cost of the Pensions Dashboards Programme (PDP) up by 23 per cent since 2020, rising from £235m to £289m in 2023, a report from the National Audit Office (NAO) has revealed.
The NAO also found that the estimated gross benefits have fallen by 5 per cent, based on an assessment of how much people would be willing to pay for a pensions dashboard and the value of lost pension pots recovered, falling from £437m in 2022 to £413m in 2023