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

Join now

 

Already a Professional Pensions
member?

Login

More on Defined Contribution

L&G Master Trust hits £30bn in assets under management

L&G Master Trust hits £30bn in assets under management

Scheme says it is the first commercial master trust in the UK to reach the milestone

Jasmine Urquhart
clock 21 January 2025 • 1 min read
How we won the PP Investment Awards 2024... Arcmont Asset Management

How we won the PP Investment Awards 2024... Arcmont Asset Management

Arcmont won the accolade for DC Investment Innovation of the Year

Professional Pensions
clock 20 January 2025 • 3 min read
An alternative to lifestyling in defined contribution

An alternative to lifestyling in defined contribution

Is too much derisking a bad thing?

Jonathan Stapleton
clock 20 January 2025 • 17 min read
Trustpilot