Government urged to take steps to improve financial literacy

Knowledge of pensions a ‘blind spot for many’, especially younger generations

Jonathan Stapleton
clock • 1 min read
Bell: The onus is currently on individuals to choose where to put their consolidated retirement savings
Image:

Bell: The onus is currently on individuals to choose where to put their consolidated retirement savings

The government should consider steps to improve financial literacy, particularly around pensions, RSM UK says.

The professional services firm's comments follow the King's Speech earlier this week and confirmation of a Pension Schemes Bill, which highlights the consolidation of small pension pots as a key ai...

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

Government confirms amendment to bill mandation clause in 'welcome move'

Government confirms amendment to bill mandation clause in 'welcome move'

Government will not require DC schemes to invest more than 10% of total assets

Holly Roach
clock 10 April 2026 • 3 min read
Professional Pensions: Stories of the week

Professional Pensions: Stories of the week

BAE Systems schemes appoint LCP as scheme actuary, PFC research, Hymans urges DB schemes to offer quality member experience

Professional Pensions
clock 10 April 2026 • 1 min read
News Digest: Civil Service Pension Scheme retirement modeller delayed

News Digest: Civil Service Pension Scheme retirement modeller delayed

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

Professional Pensions
clock 10 April 2026 • 1 min read
Trustpilot