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

Time is running out for Gen X women to adequately save for retirement

Time is running out for Gen X women to adequately save for retirement

Think tank modelling shows a woman aged between 50 and 59 is projected to retire on £12,600 a year

Martin Richmond
clock 11 November 2026 • 3 min read
PP Admin and Data Forum 2027: Registration opens

PP Admin and Data Forum 2027: Registration opens

This year’s conference will be held on 4 March at One Whitehall Place in London

Professional Pensions
clock 11 November 2026 • 1 min read
Schemes and trustees urged to prepare now for IHT changes

Schemes and trustees urged to prepare now for IHT changes

Inheritance tax regime overhaul could create significant admin issues for schemes

Jonathan Stapleton
clock 11 November 2026 • 5 min read
Trustpilot