How the pensions sector can support consumers to make the most of their savings

FCA’s Sarah Pritchard says savers need more support in making decisions

clock • 4 min read
FCA executive director of markets Sarah Pritchard
Image:

FCA executive director of markets Sarah Pritchard

For most people, their pension is the biggest pot of savings they’ll build. But despite this, pensions are not well understood.

Consumers do not have access to the support they need. Only 45% of people aged 18 to 64 say they know enough about pensions to make decisions for their retirement. 53% of all contract-based pots ac...

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

ABI creates additional pensions board to strengthen work on DB and BPA sector

ABI creates additional pensions board to strengthen work on DB and BPA sector

New board will look at DB policy, bulk purchase annuities and investment

Jonathan Stapleton
clock 29 January 2026 • 3 min read
HMRC repays £46.2m in overpaid pensions tax in Q4 2025

HMRC repays £46.2m in overpaid pensions tax in Q4 2025

Government figures show HMRC processed 13,652 forms in three months from October to December

Martin Richmond
clock 29 January 2026 • 5 min read
PDP consults on updated dashboard reporting standards

PDP consults on updated dashboard reporting standards

The organisation’s consultation closes to responses on 25 March

Holly Roach
clock 29 January 2026 • 2 min read
Trustpilot