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IMI - Money Mind
IMI - Money Mind - What is the Pensions Dashboard?
Welcome to something a little bit different.
This is IMI's brand new special show, Money Mind, a quiz show with a familiar inspiration.
Our contestant, Sir Steve Webb, is a pensions expert, having served as the Pensions Minister during the coalition government between 2010-2015.
His specialist subject is the Pensions Dashboard, a government initiative designed to compile everyone's pensions data into one place, making it easier to find lost pensions.
To find out about why the Dashboard is so important for you and your future, when you can hope to use it, and why you can trust it, click on the video below.
This week, Mastermind contestant Alice Walker became the eldest female winner of the timeless quiz show, answering 14 out of 14 questions on the Peak District. There is truly no limit to knowledge, so why not try your hand at these pensions questions below? The answers can be found at the bottom of the page. Are you a Money Mind?
Questions
Q1: Some people have lost their old pension pots, often from previous employers. In total, how much money is lost, if you combined every forgotten pot in the country?
Q2: If you were born after 5th April 1960, what is the age at which you can claim State Pension in the UK?
Q3: Complete this sentence: "IMI's workplace pension scheme is called a ???? contribution scheme".
Q4: What is the average size of a UK pension pot after a lifetime of saving?
Q5: Who looks after your IMI workplace pension?
Answers
A1: £19 billion.
A2: 66 for both men and women.
A3: Defined contribution scheme.
A4: £61,897.
A5: The Mercer Master Trust.