
Scottish Widows adds private market funds to workplace pensions
Graeme Bold said: “Bringing private markets into workplace pensions is a major milestone in helping customers make the most of their retirement savings."

Graeme Bold said: “Bringing private markets into workplace pensions is a major milestone in helping customers make the most of their retirement savings."

The workplace pension provider received praise for clear communication, helpful staff and ease of doing business.

57% of workers rated a pension as ‘very important’ when choosing a new job – higher than any other benefit.
The new interactive experience, developed with Waracle, lets users create a digital postcard showing where they could spend their retirement.

Sarah Pritchard, deputy CEO at the FCA, said: "By working with the Government and TPR, we will help secure better returns for pension savers."

The lower earnings limit of the qualifying earnings band will stay at £6,240 and the upper earnings limit will stay at £50,270.

From summer 2026, Aegon LifePath will invest in a wider range of asset classes including global private markets, protected equities and multi-asset credit.
WTW will acquire all of Cushon in a wider deal, expected to complete in the first half of 2026, subject to regulatory approval.

The campaign aims to encourage people to take more interest in their pensions, with Nest’s research showing that one in three UK workers has a Nest pension.

Mylo won ‘Leading Innovation in Workplace Solutions’ at the Schroders UK Platform Awards and the Financial Services Innovation award at the Scottish Fintech Awards in Edinburgh.

Towergate Employee Benefits found that 35% had reviewed it within the last three years, 10% had never reviewed their scheme, and 8% did not know.

The data, based on the Department for Work and Pensions (DWP) annual survey, showed this was up from the previous high of £25.3bn in 2019.
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