Inaccurate national insurance records have led to state pensioners missing out on £470m due to them, according to new data published by the Department for Work and Pensions.

The National Audit Office has warned that a rise in supplier costs and the delivery timetable being extended by two years have increased the government’s Pensions Dashboards programme’s estimated cost by 23%.

The FCA has published a modification to its rules that govern how firms must connect their data to the Pensions Dashboards service.

Insurance and savings trade body the ABI has warned the Department for Work and Pensions (DWP) that a public pensions 'consolidator' must avoid undermining the DB scheme buyout market.