UTC (UK) Pension Scheme - Member Newsletter 2024

Pension news

An update on pensions dashboards Last year, it was announced that the timetable for launching the pensions dashboards would be pushed back to give the pensions industry more time to get ready for this major project. Since then, the Department for Work and Pensions has published new guidance setting out a staged timetable for pension schemes to connect to the dashboards ecosystem. The timetable highlights that the earliest staging dates for larger pension schemes

would be 30 April 2025. Our Scheme’s deadline is 31 August 2025, and we will write to members with an update once there have been further developments. When launched, the dashboards will provide a single place where you can get information about all your pension savings across all schemes (where your benefits have not yet been put into payment), as well as track down any lost pension pots.

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