Ruston Smith says it is time to move to a lifetime savings model

PMI chair discusses initiative to overcome three key pinch points for retirement savers

clock • 4 min read
Pensions Management Institute chair Ruston Smith
Image:

Pensions Management Institute chair Ruston Smith

Auto-enrolment (AE) has been really successful with over 11 million more people saving for retirement since 2012 - one of the biggest and most successful strategic changes in pension policy.

However, we know people aren't saving enough and, for many, affordability is a real challenge. The cost of living crisis has meant that people's savings have reduced and, over half of UK adults ...

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

Kristy Cotton: Adopting different skillsets as the industry transforms

Kristy Cotton: Adopting different skillsets as the industry transforms

Cotton discusses the rise of AI, revamping the buyout process and planning for the unknown

Holly Roach
clock 09 March 2026 • 5 min read
Good News Corner: Rothesay Foundation makes £1m donation to Clarion Futures

Good News Corner: Rothesay Foundation makes £1m donation to Clarion Futures

Donation will support a minimum of 55 wellbeing spaces for the next two years

Jonathan Stapleton
clock 06 March 2026 • 3 min read
Royal London BPA business secures £1.3bn of premiums in first full year of trading

Royal London BPA business secures £1.3bn of premiums in first full year of trading

Firm’s annual results show workplace pension membership has reached 2.2 million savers

Holly Roach
clock 06 March 2026 • 1 min read
Trustpilot