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

Buzz: Are you concerned tax relief changes could mandate investment in UK assets?

Buzz: Are you concerned tax relief changes could mandate investment in UK assets?

Tax relief changes, DWP terminal illness definition, hybrid asset ownership model, AI adoption

Professional Pensions
clock 20 October 2026 • 1 min read
Guy Opperman says industry in agreement VfM is a 'slow-moving car crash'

Guy Opperman says industry in agreement VfM is a 'slow-moving car crash'

Former pensions minister claims widespread industry criticism of the framework

Alex Levy
clock 20 October 2026 • 2 min read
UK ranks 14th in global retirement index as pension systems under 'real strain'

UK ranks 14th in global retirement index as pension systems under 'real strain'

Marsh and CFA Institute say guided retirement could ‘shift the dial’ on decumulation

Alex Levy
clock 20 October 2026 • 2 min read
Trustpilot