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.

Baroness Ros Altman, a leading pensions campaigner and former Pensions Minister, is to become chair of pensionsync, a pensions fintech business.

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.”

Experts have slammed today’s recommendations of the Parliamentary Work and Pensions Committee.