Lack of support from providers blamed for pension woes

PensionBee finds the majority of savers lack pension confidence

Hope William-Smith
clock • 1 min read
PensionBee chief executive Romi Savova
Image:

PensionBee chief executive Romi Savova

Pension providers play a major part in savers’ lack of confidence in pensions and retirement prospects, in particular their failure to provide support, PensionBee research shows.

Only 39% of respondents surveyed by the online pension provider felt confident about their retirement savings, while 42% said they were put off engaging with their pensions because of the complexit...

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

Aptia connects 200 schemes to pensions dashboard

Aptia connects 200 schemes to pensions dashboard

Pensions administrator says it will be connecting more schemes before deadline

Alex Levy
clock 05 August 2026 • 1 min read
Restore Britain criticises 'hijacking' of private pension investment

Restore Britain criticises 'hijacking' of private pension investment

Economic plan reveals the party would scrap the triple lock

Alex Levy
clock 04 August 2026 • 1 min read
The benefit of M&A expertise on trustee boards

The benefit of M&A expertise on trustee boards

Palwinder Hare says trustees with M&A experience can bring strategic value to boards

Palwinder Hare
clock 04 August 2026 • 2 min read
Trustpilot