Savers with multiple pots advised to consolidate

Penfold claims consolidation could help savers easily work out income in retirement

Martin Richmond
clock • 2 min read
Savers with multiple pots advised to consolidate

Savers holding multiple pension pots should consider consolidating their savings into one plan, digital pensions platform Penfold says.

The provider argued by consolidating multiple pension pots from different employers into one plan, it would provide easier access for savers to manage their retirement savings and work out how much...

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

Buzz: Has the superfund market now entered the mainstream?

Buzz: Has the superfund market now entered the mainstream?

Superfunds, growth phase DC defaults and trustee regulatory and reporting demands

Professional Pensions
clock 27 April 2026 • 1 min read
People's Partnership joins PMI development partnership programme

People's Partnership joins PMI development partnership programme

Organisation is the first master trust provider to join the PMI as a development partner

Holly Roach
clock 27 April 2026 • 1 min read
Could social media be a secret weapon to bolster pension engagement?

Could social media be a secret weapon to bolster pension engagement?

Martin Richmond looks at how provider usage of social media could help boost engagement

Martin Richmond
clock 27 April 2026 • 14 min read
Trustpilot