Scottish Widows calls for steps towards AE reform

Reforms could boost an average 18-year-old’s pension pot by £46,000

Jasmine Urquhart
clock • 2 min read
Scottish Widows head of policy Pete Glancy
Image:

Scottish Widows head of policy Pete Glancy

Steps taken towards automatic enrolment (AE) reform could boost an average 18 year old’s pension pot by £46,000, modelling from Scottish Widows finds.

The modelling found reforms could help around 4.7 million more people receive pension contributions and could boost an 18-year-old's future pension pot by 45%. The pension provider said governme...

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 Defined Contribution

SPP urges Pensions Commission to define adequacy and understand barriers

SPP urges Pensions Commission to define adequacy and understand barriers

SPP calls on commission to set out long-term plan to increase AE contribution rates

Martin Richmond
clock 21 August 2025 • 3 min read
LifeSight announces £450m investment in Schroders Greencoat Renewables+ LTAF

LifeSight announces £450m investment in Schroders Greencoat Renewables+ LTAF

Strategy will feature in the WTW master trust’s core default funds

Jonathan Stapleton
clock 14 August 2025 • 2 min read
DC retirement outcomes show improvements amid market volatility

DC retirement outcomes show improvements amid market volatility

Hymans research finds growth phase members have experienced ‘positive’ levels of investment performance

Martin Richmond
clock 13 August 2025 • 5 min read
Trustpilot