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

Government making pension changes 'for change's sake'

Government making pension changes 'for change's sake'

PP survey respondents say while some reform is positive, there is ‘still much more’ to be done

Holly Roach
clock 04 August 2026 • 1 min read
Prime minister and chancellor urged to meet for talks on Waspi compensation

Prime minister and chancellor urged to meet for talks on Waspi compensation

Campaigners say they will work collaboratively with ministers to develop a compensation scheme

Holly Roach
clock 04 August 2026 • 1 min read
LCP publishes 2025/26 annual report

LCP publishes 2025/26 annual report

Consultancy’s report showed PRT team led on transactions totalling £7.8bn in 2025

Martin Richmond
clock 03 August 2026 • 1 min read
Trustpilot