UK refuses to commit to timetable for rollout of pension dashboard

first_img“We want to be careful to cover all the challenges associated with the dashboard, such as funding, governance as well as what role the government might have and whether legislation is necessary,” Baroness Buscombe said.She added that her department was also looking at experiences overseas to understand more of the concept of a pensions dashboard. Example of state pension information displayed on the pension dashboardThe concept of a dashboard to collate all an individual’s pension savings and entitlements was first suggested by former chancellor George Osborne in 2016. At the time, he said the tool would be up and running in 2019.Current pensions and financial inclusion minister Guy Opperman last year promised government support for the project, which has been developed so far by the Association of British Insurers (ABI) and technology firm Origo. He also reiterated the 2019 target.However, last week the Times newspaper reported that Esther McVey, the UK’s state secretary for work and pensions, was considering abandoning her department’s work on the tool in favour of other welfare reforms.The ABI said that the government risked exposing millions to fraud and lost pension pots if it abandoned its support of the pensions dashboard.More than 87,000 people have signed an online petition urging the government to support the project.The ABI and Origo have been working on prototypes for a dashboard for two years. Last month, Origo announced it had successfully tested a version for use by up to 15m pension savers. Baroness Buscombe addresses the House of Lords todayBaroness Buscombe also stated that any decision to force pension providers to partipate in the tool – as suggested by Labour peer Lord Bill McKenzie during questions – would depend on several issues, including the functionality of the dashboard, the delivery model, and its governance.She said that the government’s views on this would be set out “in due course”.Lord McKenzie had urged the government not to change tack on the dashboard plan, adding that the DWP should have ownership of the online tool.Baroness Susan Kramer of the Liberal Democrats suggested that the government was dragging its feet on the dashboard.“The industry is – to put it mildly – cross, having done all of the work that it needed to contribute towards creating a pensions dashboard,” the peer said. Baroness Buscombe referred to the country’s online pensions tracing service to help people locate details of legacy pension pots, as well as the website Check Your State Pension. She added that the DWP planned to launch a Single Financial Guidance Body next year, to replace the numerous bodies offering guidance on different areas of personal finance.The dashboard’s developmentcenter_img The UK government has not committed itself to a timetable for when a pensions dashboard will be operational, it said today.Baroness Buscombe, parliamentary under-secretary for work and pensions, said “feasibility work” was nearing completion, but highlighted the complexity of the issue in developing the online tool.“The more we look at it, the more questions we are asking ourselves and the industry,” she said, responding to questions in the House of Lords, the UK parliament’s upper chamber.The government has received criticism in the past week since a UK newspaper report claimed the Department for Work and Pensions (DWP) was considering abandoning support for a dashboard, which would collate all an individual’s pension savings and entitlements.last_img read more


first_imgJunk Kouture Recycled Fashion competition in association with the European Recycling Platform (ERP) is nearing its climax on the 8th March in Derry’s Millennium Forum with its Northern Final.The Northern finalists’ entries will be showcased on a choreographed catwalk show to a packed audience with the winning design securing a place in the all-Ireland final at ‘The Bord Gais’ in Dublin. Scoil Mhuire, Crana College, Moville CC and Carndonagh CC have all reached the final with their designs. The Junk Kouture competition has seen thousands of teenagers’ work submitted over the past two years, with some spectacular and awe-inspiring pieces gracing the competition’s regional and national catwalks. Sponsored by ERP, the only pan-European compliance scheme for electronic waste and battery recycling, Junk Kouture is the leading fashion and art competition for secondary school students across Ireland and has a reputation, among many, as being the most creative.The all-Ireland competition has gone from strength to strength since launching in 2010. The competition has seen student’s work featured on the red carpet at the Royal Premiere of ‘The Hobbit’ in London, captivated audiences at pop-up trashionista fashion shows in Victoria Square among others; been accredited from the European Week for Waste Reduction Awards with a specially commissioned trophy by MLA Sir Alex Attwood and received widespread media attention.The judges for this competition include a selection of fashion and eco experts including Donegal-born, international model and prolific blogger Faye Dinsmore as well as stylist and TV presenter, Darren Kennedy, who is widely regarded as one of Ireland’s top style influencers. Darren brings his sharp fashion sense and keen eye to the judging panel while Tracy Fahey from the prestigious Limerick School of Art and Design will seek to separate the junk from the Junk Kouture. Yvonne Holmes, who is Head of Corporate Communications for ERP Ireland, chairs the judging panel and she will be watching out for the outfits that best promote sustainability, incorporate used materials effectively and of course make clever use of electronic waste in the Junk Kouture submissions.Founder of Junk Kouture, Elizabeth O’Donnell had this to say about this year’s Northern Final: “I am so excited about seeing what the North has to offer this year! Last year our Northern winner Jose Varandas’ Warrior Knight Coke Can outfit became one of the most iconic pieces from the 2012 competition. I’ve heard on the grapevine that some of this year’s entrants have created outfits from artificial grass and orange peel- so I think everyone is in for a real treat with the show! I’m really looking forward to seeing what Inishowen has to offer! The Northern Final is taking place in The Millennium Forum in Derry at 7pm on 8th March; tickets are £15 per person and will be hosted once again by Buncrana’s Cheryl and Emile. For further information, please log on to or visit the Facebook page at: or Twitter. FASHION: INISHOWEN TO STORM MILLENNIUM FORUM AT JUNK KOUTURE NORTHERN FINAL was last modified: February 22nd, 2013 by StephenShare this:Click to share on Facebook (Opens in new window)Click to share on Twitter (Opens in new window)Click to share on LinkedIn (Opens in new window)Click to share on Reddit (Opens in new window)Click to share on Pocket (Opens in new window)Click to share on Telegram (Opens in new window)Click to share on WhatsApp (Opens in new window)Click to share on Skype (Opens in new window)Click to print (Opens in new window)last_img read more

Thats a tough situation to step into and Rosen d

first_imgThat’s a tough situation to step into, and Rosen didn’t get it done. But Wilks still saw enough to be encouraged.“I think he handled it well when he went in,” Wilks said of the rookie QB. “[He] commanded the huddle, did a great job of moving the ball. We just, as an offense in the end, didn’t work well together.”Now the question is what Rosen can do with a full week to prepare. Is there still a chance to salvage this season, or is this strictly a move with an eye toward 2019?“Josh plays with a lot of confidence,” Wilks pointed out. “I think he gives us the opportunity to be able to be successful. When you look at the situation when he went into the game, I didn’t have a problem putting him in at that time because, again, I know he’s very confident in what he’s doing.”One of his main challenges will be staying upright behind an offensive line that struggled to give Bradford time while a collection of mostly inexperienced receivers try to get open. Wilks stressed Rosen’s ability to make plays on the move as a valuable asset in that scenario.“His mobility allows us to do a number of things,” Wilks noted. “Most importantly, I think, just buying time in the pocket. I talked last week about [Mitchell] Trubisky, his athleticism and being able to avoid the rush and just buy a little bit more time. Josh has that ability. Former Cardinals kicker Phil Dawson retires Derrick Hall satisfied with D-backs’ buying and selling TEMPE, Ariz. — The Arizona Cardinals’ quarterback controversy started when they moved up to draft Josh Rosen on April 26.It officially ended Monday, when head coach Steve Wilks named his rookie the new starter over Sam Bradford.In reality, this has been inevitable for awhile. No matter how good the relationship between the two quarterbacks might be. The second Bradford stumbled this season, there was going to be a strong push from fans, media and even people within the organization to see what Rosen could do. Short of getting out of the gate quickly and then making a legitimate run at the playoffs, change was coming. The 5: Takeaways from the Coyotes’ introduction of Alex Meruelo As it turns out, Bradford didn’t get out of the gate quickly at all. The exact opposite, in fact. And at 0-3, the playoffs aren’t even a talking point right now.“I think it’s a little of both,” Wilks said when asked if Monday’s decision was more about Rosen’s upside or Bradford’s struggles. “I’m very pleased and happy with what I think Josh is going to be able to bring to the table.“And then again, we just didn’t have a lot of production at that position in the past. And whether it was all on Sam or whether it was collectively with the offensive line, the receivers, running backs, we all had a hand in it. But I wanted to make a change and I think Josh is going to bring something to the table.”Related LinksArizona Cardinals name rookie Josh Rosen starting quarterbackCards’ Fitzgerald doesn’t get surprised — not even by turnout of Bears fansCardinals defense finding legs but not enough to beat BearsThe Cardinals didn’t exactly ease Rosen into his first NFL action against Chicago in Week 3, bringing him into a game where they were trailing by two points with 4:31 remaining while Khalil Mack roamed the other side of the field. Wilks explained that he actually made the decision to switch quarterbacks following Bradford’s fumble with 11:23 left in the game, but the Bears then ate up about seven minutes with their offense. Grace expects Greinke trade to have emotional impactlast_img read more