Pension Geeks’ campaign celebrates tenth anniversary this year
Driving better workplace pensions and member outcomes requires reliable data
Moneypenny finds most employees say a pension is the most important benefit
A third of savers worry about making the wrong choices when it comes to pensions
A total 19% of people have no pension saved, Scottish Widows finds
Aegon UK has acquired Pension Geeks – the business that specialises in connecting people with their finances through innovative engagement techniques, communication and events.
The lack of information cohesion across the industry is preventing savers from receiving true value for money from their workplace scheme, the Finance Technology Research Centre (FTRC) says.
Warnings from pension companies to savers who are looking to transfer their pension somewhere that does not look right are often ignored, says Phoenix Group.
While many savers remain concerned about funding retirement, more than a quarter say auto-enrolment (AE) provisions have solved their worries, Close Brothers research shows.
Experts have called on the industry to personalise pension communications and expand auto-enrolment (AE) to all workers ahead of the fifth Pension Awareness Day on Sunday.