Fears that the Pensions Dashboard plans have been shelved by the Government were allayed after Secretary of State for Work and Pensions, Esther McVey, appeared this week to back the scheme.

Wealth management and financial advice association PIMFA has hit out at the Government after it was reported the pensions dashboard idea could be in jeopardy.

Reports that Pensions Secretary Esther McVey was planning to kill off the proposed pensions dashboard were branded “a huge let down to millions of savers.”

The Association of British Insurers has today revealed the number of its members offering apprenticeship schemes has soared by 47%.