Blogs

  • Why now is the time for a government Automatic Enrolment roadmap

    05/07/2022

    We all know that most people aren’t saving enough for retirement. It’s a difficult fact, particularly in a political climate defined by the cost of living crisis. Ben Infield blogs about the ABI’s report  ‘Automatic Enrolment: What Will The Next Decade Bring?’, and why now is the time for government to take action.

  • Retirement income in the multiverse of projections

    16/06/2022

    The idea of parallel universes has been a popular subject in the sci-fi genre for decades. Little does the public know that their retirement income projections are already living in one. The recent FRC consultation on a proposed revision of their projection basis known as AS TM1 highlighted the inconsistency in pension projections across different providers and communications channels. That means the retirement income forecast you receive, even from the same provider, could be based on different assumptions and are not directly comparable. What can be done to bring the fragmented projection universe back into one, so consumers can have a single, simple, reliable estimated retirement income when planning their retirement?

  • We’re boosting take-up of Pension Credit – here’s how you can help too

    15/06/2022

    The Minister for Pensions Guy Opperman has written on how to boost pensions credit as part of the Department for Work and Pensions Pensions Credit Day of Action and the wider campaign to expand people’s engagement with their long-term savings.

  • Time for action on the advice gap

    06/05/2022

    Simplifying pensions language

    The Government and FCA have acknowledged that people need more help in making decisions about accessing pensions, as well as starting to invest. The Queen’s Speech is an opportunity to set a new direction for advice so that providers can offer more support when customers need it.

  • Mind the Gap: Women, Work and Pensions

    26/01/2022

    Women in the workforce today have a better chance of saving for retirement than they ever have before, but despite this the gender pensions gap persists. There are three key reasons for this - levels of pensions awareness, a disproportionate number of women in lower paying jobs and the caregiver penalty. Ahead of the Women and Work APPGs 2021 Report launch, we look at the ways the Government can help women to save more for their retirement.