47% of adults don’t know how much is in their pension – Standard Life
67% of the silent generation (aged 79 and over) and over half (52%) of Baby Boomers (aged 60-78) said they can’t estimate their pension savings.
Pensions Administration Standards Association publishes dashboards toolkit
The toolkit is designed to give practical support for handling situations where accurate pension value data cannot be shown straight away.
Pension Lab removes signatures from LoA process
The new LoA service allows instant verification through modern authentication methods and secure integration.
Industry-led approach can deliver small pension pot consolidation by 2030, report reveals
Zoe Alexander at Pensions UK, said: “This Review shows that a practical solution to combine millions of small pension pots is within reach."
Scottish council pension funds report £60bn surplus – GAD
The Government Actuary’s Department (GAD) found that LGPS Scotland's financial position had improved since 2020, when four funds were in deficit.
EV highlights long-term benefits of saving during Pension Awareness Week
EV has marked Pension Awareness Week by showing how even small contributions can significantly grow over time, with £1 invested at age 20 potentially worth £23 in retirement.
Pension withdrawals surge by 36% to £70.9bn as more savers access pots – FCA
The number of pension plans accessed for the first time increased by 8.6% to 961,575, compared to 885,455 in 2023/24.
Just Group completes £250m buy-in for the Ultra Electronics Pension Scheme
The deal secures the benefits for over 1,000 pensioners and dependants as well as more than 750 deferred members.
PensionBee calls for Government action amid Pensions Commission relaunch
PensionBee said current rules still leave many workers out of automatic enrolment, making it hard for them to save for retirement.
Aegon targets over one million workplace pension members with Mylo launch
Mylo aims to deliver personalised support through email, SMS, and app nudges, with prompts around contributions, consolidating pots, and retirement goals.
Only four in 10 working over 60s feel prepared for retirement, research reveals
Research from Just Group into the experiences and attitudes of the ‘Baby Boom’ generation revealed that many approaching and at State Pension age but still working, were not confident about their retirement preparations.
Just Group completes £23m buy-in for the Welcome Break Pension Plan
The scheme, sponsored by the Welcome Break Group, covers the benefits of 348 members, including 137 deferred members and 211 pensioners.
