People’s Pension returns over £100m to members through savings reward

People’s Pension has revealed that it has returned over £100m to its members since 2020 through its savings reward. 

The scheme currently gives back more than £3m every month to a growing number of members. 

Patrick Heath-Lay, CEO of People’s Partnership, provider of People’s Pension, said: “This is an extremely significant moment – a milestone we are very proud of and a great example of what a pension with purpose looks like. 

“The more the People’s Pension grows, the more we will be able to put back into the pots of our members.”

Mark Condron, chair of People’s Pension board of trustees, said: “To give back £100 million to so many of our members in just five years is the embodiment of the People’s Pension’s differences. 

“The savings reward is a perfect example of putting members first and to reach such a milestone, so quickly, is yet another reminder of our rapidly growing scale.”