Pensions Dashboards will not be available to pension savers until 2023 at the earliest, the Money and Pensions Service confirmed today in an update to its development timeline.

The number of people accessing guidance appointments offered by Pension Wise rose 23% in 2019/20.

Over a third of over-50s are leaving retirement planning to the proverbial ‘last minute’ of two years before retirement or failing to plan at all.

If Pension Dashboards are to be successful, they must include all pension savings from day one, Aegon has said.