
One in eight young adults say pensions are “pointless” as retirement feels out of reach – People’s Pension
Nearly half (47%) of Gen Zs aged 18-27 are not engaged with their pension.

Nearly half (47%) of Gen Zs aged 18-27 are not engaged with their pension.

The Society of Pension Professionals found 62% said AI could form part of the solution provided risks are managed appropriately.

A survey for Rathbones found Gen Xers are less likely to hold ISAs (66% versus 78% for Baby Boomers) or other investment accounts (45% versus 52%).

In 2025/26, the DWP received 211,125 Pension Credit applications, down 34% or almost 110,000 fewer applications than the year before.

This deal secures the benefits for 2,800 pensioner members and 700 deferred members.

26% said they felt anxious about their future, and 19% fear they may never retire at all.

The deal secures future benefits for 191 pensioner members and 128 deferred members.

PensionBee said the milestone reflected progress in digital pension transfer processes, although inconsistencies across the market remain.

The deal secures benefits for 708 members, including 222 pensioners and 486 deferred members.

Chris Eastwood, CEO at Penfold, said: “No budgeting hack will ever come close to the long-term impact of making sure your pension is properly set up."

Data showed that a fifth of self-employed workers increased their pension contributions, but a third reduced, paused or stopped payments.

The deal secures the pension benefits for 1,584 members.
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