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

Buzz: Will your scheme expand the use of AI to support member outcomes?

Buzz: Will your scheme expand the use of AI to support member outcomes?

Artificial intelligence, Autumn Budget and pension participation

Professional Pensions
clock 02 November 2026 • 1 min read
DHL Group Retirement Plan selects Capital Cranfield as chair

DHL Group Retirement Plan selects Capital Cranfield as chair

Lukshmi Selvarajah has been selected as trustee chair of the £6bn scheme

Holly Roach
clock 02 November 2026 • 1 min read
People's Pension joins TISA to increase support for vulnerable members

People's Pension joins TISA to increase support for vulnerable members

DC master trust will join TISA’s Vulnerable Customers Working Group

Martin Richmond
clock 02 November 2026 • 2 min read
Trustpilot