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

Jasmine Urquhart
Author spotlight

Jasmine Urquhart

Senior Correspondent at Professional Pensions

More on Defined Contribution

Nine in ten AE-eligible employees now saving into a workplace pension

Nine in ten AE-eligible employees now saving into a workplace pension

DWP figures show annual workplace savings reached £166.1bn in 2025

Martin Richmond
clock 30 July 2026 • 4 min read
Troy Clutterbuck – Value for money should be assessed across all pensions

Troy Clutterbuck – Value for money should be assessed across all pensions

Pot destinations aren’t always held to the same standards as workplace schemes

Troy Clutterbuck
clock 29 July 2026 • 3 min read
Partner Insight: 'Access was only the beginning' - three years on from the UK's first LTAF

Partner Insight: 'Access was only the beginning' - three years on from the UK's first LTAF

Debates around private markets in DC pensions have shifted from regulatory ambition to defining successful implementation. In this interview, Vikram Bhandari shares our insights from three years of managing the first-ever long-term asset fund (LTAF)....

Ryan Taylor, Head of UK DC Clients at Schroders and Vikram Bhandari, Head and Chief Investment Officer of Schroders Capital Solutions
clock 24 July 2026 • 12 min read
Trustpilot