Greater investment choice could drive pension engagement, says Penfold

Digital provider suggests guidance should be balanced with choice

Alex Levy
clock • 2 min read
Chris Eastwood: The future of pension investing is about meaningful choice, supported by thoughtful guidance
Image:

Chris Eastwood: The future of pension investing is about meaningful choice, supported by thoughtful guidance

In a snap poll of 800 members by digital workplace pension provider Penfold, the majority (69%) said greater investment choice would encourage them to take positive action with their pension.

The finding follows a survey of 2,000 UK employees by Penfold in which 41% said their pension provider makes pensions more complicated than necessary and 29% trust their provider most to explain th...

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

One third trust AI tools for pension guidance, says Scottish Widows

One third trust AI tools for pension guidance, says Scottish Widows

Provider says professional financial advice and AI insight can coexist

Alex Levy
clock 11 August 2026 • 2 min read
News Digest: Greens admit they are powerless to implement Israel pension fund divestment pledge

News Digest: Greens admit they are powerless to implement Israel pension fund divestment pledge

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

Professional Pensions
clock 11 August 2026 • 1 min read
Buzz: Should the chancellor rule out changes to pension lump sums?

Buzz: Should the chancellor rule out changes to pension lump sums?

Autumn Budget, pensions dashboards and artificial intelligence

Professional Pensions
clock 10 August 2026 • 1 min read
Trustpilot