Pensions Commission

Stewart Hastie also calls for ‘more vigorous’ public policy to incentivise private savings

Chris Curry says the commission will need to consider numerous practicalities to address pensions adequacy

Polling finds one quarter think members will be better off in five years

Around 15,000 have reached 100 or over as of 2024, compared to half as many 20 years ago

Industry must also develop ‘much deeper understanding’ of member needs

SPP calls on commission to set out long-term plan to increase AE contribution rates

Kathryn Fleming says commission must consider three core principles to test adequacy

Broadstone analysis finds workers got ‘all-time high’ of £10.8bn pension tax relief

Employee participation rose in 2024, but opt-outs are close to 10%

Schemes urged to ‘stop tweaking and start transforming’, and focus more on income