Today the UK government has published its response to the pensions dashboard consultation – giving the green light to pension dashboards becoming a reality.
Commenting on the government’s response to the pensions dashboard project1, Alistair McQueen, Head of Savings & Retirement at Aviva said:
"We need the pensions dashboard because we need to bring pensions out of the digital stone age. By doing so, the potential for savers is enormous. Official figures2 report that just 7% of us use the internet to manage our investments such as pensions, compared to 69% for banking.
Aviva has been behind the dashboard since day one. It won’t be easy, but the achievement of great things never is. With the government now fully committed, and with a sensible route map to success, all must now move forward with confidence, purpose and ambition."
Notes to editors:
- Aviva provides life insurance, general insurance, health insurance and asset management to 33 million customers.
- In the UK we are the leading insurer serving one in every four households and have strong businesses in selected markets in Europe, Asia and Canada. Our shares are listed on the London Stock Exchange and we are a member of the FTSE100 index.
- Aviva’s asset management business, Aviva Investors, provides asset management services to both Aviva and external clients, and currently manages over £331 billion in assets (as at 31 December 2018). Total group assets under management at the Aviva group are £470 billion (as at 31 December 2018).
- Aviva helps people save for the future and manage the risks of everyday life; in 2017, we paid out 98% of all our claims across all our markets and insurance products. We paid £34.6 billion in benefits and claims in 2017.
- By serving our customers well, we are building a business which is strong and sustainable, which our people are proud to work for, and which makes a positive contribution to society.
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