Lloyds secures one million new pension customers, beating 2020 target

Kim Kaveh
clock • 2 min read

Lloyds Banking Group has secured one million new pension customers since the start of 2018, according to its half year results to 30 June.

This beats the group's initial target to reach one million new customers by 2020, something the bank initially put forward in its three-year strategic plan in February last year. By February 2019, ...

To continue reading this article...

Join Professional Pensions

Become a Professional Pensions Lite Member today

  • Three complimentary articles per month covering the latest real-time news, analysis and opinion from the industry
  • Receive important and breaking news stories via our two daily news alerts
  • Hear from industry experts and other forward-thinking leaders

Are you a trustee, investment consultant or in-house pension and benefit scheme professional? You can apply for full complimentary access here

Join now

 

Already a Professional Pensions
member?

Login

More on Industry

Budget could 'exacerbate' 76% pension lump sum withdrawal rate

Budget could 'exacerbate' 76% pension lump sum withdrawal rate

Among those aged between 55 and 64

clock 05 October 2026 • 2 min read
Triple lock has lifted state pension 14% above earnings-only level

Triple lock has lifted state pension 14% above earnings-only level

Chancery Lane analysis illustrates so-called ‘ratchet effect’

Isabel Baxter
clock 05 October 2026 • 2 min read
Buzz: Is adjusting the triple lock the right move?

Buzz: Is adjusting the triple lock the right move?

Triple lock, NMPA and national care worker collective pension scheme

Professional Pensions
clock 05 October 2026 • 1 min read
Trustpilot