The Pensions Dashboards Programme (PDP) has today published its key data standards in a move which should help providers begin to get ready for the new dashboards which will give pensions savers detailed information about their retirement savings in one place.

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

Former pensions minister Steve Webb has warned that pension schemes and providers could face a multi-million pound extra compliance bill if individual retirement income forecast are included in Pension Dashboards.