Pensions Dashboards are set to transform how you access information about your pension, allowing you to see what you have saved with various providers, including your State Pension, all in one place.

The government and its providers have now completed their development and testing phase and will begin connecting a small number of pension schemes to the dashboards for testing. Once this phase is complete, schemes will begin to connect their data with the dashboards and they will eventually become available for members to use.

Each scheme will be given a provisional connection date for when they'll be expected to connect with the dashboard.

Your new BIG MT will be responsible for connecting to the dashboard in relation to your Scheme benefits. The government's deadline for connections to allow members to access the dashboard is expected to be October 2026.

Why are the dashboards so important?

The Association of British Insurers estimates that UK workers have lost track of up to 1.6 million workplace pension pots worth a total of £19.4 billion.

These pension pots are often ‘lost' when employees move jobs and lose contact with their previous pension scheme providers.

The introduction of Pensions Dashboards should mean a massive reduction in this figure as all pension pot figures and information will be stored securely in one place.

Seeing all your savings in one place will also make planning for retirement easier, giving you a clearer picture of how much income you might be on track to receive in retirement.

What's next?

For now, if you think you have any lost pensions, you can find support at MoneyHelper.