Scottish Widows calls for lifetime savings commission to agree pension consensus

Commission should have mandate to consider range of interdependent savings needs

Jonathan Stapleton
clock • 1 min read
Pete Glancy: Building consensus on a way forward across political parties, employer bodies, consumer groups, and other important stakeholders, is vital
Image:

Pete Glancy: Building consensus on a way forward across political parties, employer bodies, consumer groups, and other important stakeholders, is vital

A new lifetime savings commission should be established to help reach a consensus on the complex pensions needs facing millions across the UK, Scottish Widows says.

The pension provider's head of policy Pete Glancy said that, while pensions play a central role in financial planning for later life, average pension savings levels are currently too low to provide...

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

State pension expected to rise by 3.9%, exceeding personal allowance for first time

State pension expected to rise by 3.9%, exceeding personal allowance for first time

Rise means the new full state pension will now exceed the personal allowance

Holly Roach
clock 15 September 2026 • 3 min read
Buzz: Will whole-of-life CDC schemes become a mainstream alternative?

Buzz: Will whole-of-life CDC schemes become a mainstream alternative?

Whole-of-life CDC, early access to pensions and VfM framework

Professional Pensions
clock 15 September 2026 • 1 min read
News Digest: Capita's performance on CSPS 'remains unacceptable', minister says

News Digest: Capita's performance on CSPS 'remains unacceptable', minister says

PP brings together all the latest news on pensions from across the national and financial media

Professional Pensions
clock 14 September 2026 • 1 min read
Trustpilot