In this blog, Alex Waite discusses the overuse of jargon and unnecessary language in the pensions industry.
Education, Savings, Technology and Future Landscape are fundamental themes that will continue to play a hugely significant role in shaping pensions that are fit for the future…
Those of us in the pensions industry have a responsibility to better understand the Future Pensioner, especially how to help the many who find retirement options and planning confusing. There is plenty that can be done to simplify and streamline the issues at play, and this responsibility extends beyond just government policymakers.
Via Future Pensioner and tapping into the topics that often dominate headlines, LCP will explore big picture pensions issues and examine ways the industry can help to improve financial outcomes in retirement by looking at things from the Future Pensioner’s perspective.
Alongside legislation and policy changes, Education, Savings, Technology and Future Landscape are fundamental themes that will continue to play a hugely significant role in shaping pensions that are fit for the future…
Here we look at financial education, from the use of plain language to helping people get in tune with different savings concepts like the power of compound interest. Is the industry doing enough, at the right time, to help make pensions accessible and engaging?
Does England's recent form in pensions warrant the same celebration as our football success?
In this blog, Helen Stokes shares some of the conversations she’s had with DC savers and discusses ways we can help people understand the advantages of saving via a pension scheme
In this blog, Stacy O'Sullivan discusses about going back to basics on pensions talk.
In this blog, James Haggon talks about engaging millennials with pensions.
'Prepare for tomorrow, today'
From LISAs to auto-enrolment, understanding how to save for retirement is a complicated business. Are people planning for their retirement, and if so, how? What financial priorities matter most to the Future Pensioner? Have the traditional approaches to providing for retirement now gone and, if so, what have they been replaced with?
While the data shows the success of auto-enrolment in that record numbers of people are now saving into pensions, the project is still a work in progress, says Bob Scott.
In this blog, Alex Waite explores the pros and cons of treating a home as a pension.
40% of British adults say that paying off their mortgage or saving for a deposit for a home is not a top priority, according to new research from pensions consultants LCP and research analysts YouGov.
In this blog, Bob Scott discusses how the firm’s Future Pensioner campaign will look to crank up the volume on future-focused, meaningful and relateable conversations about pensions.
‘Tap into tech’
From dashboards to Augmented Reality – employers and organisations are thinking of different ways to help people understand retirement planning. But do new, largely technology-based approaches to retirement planning work and how can employers best implement tech so employees are encouraged to use it effectively?
In this blog, Bob Scott, discusses the implications for the Pensions Dashboard now that the Government will not be the driving force behind it.
Just as the opportunity to gamify has been embraced by other industries, the pensions industry has a great opportunity to make retirement savings truly interactive. Dipa Mistry Kandola explores what other industries have done to boost engagement and potential next steps for pensions.
In this blog, Alex Waite discusses ways that artificial intelligence (AI) could revolutionise how people engage with their pension and urges the industry to truly embrace the possibilities of new technologies as a way to boost millennial interest in savings.
In this blog, Bob Scott discusses driving forward the Pensions Dashboard: Mirror, signal, manoeuvre....
'A new pensions world'
By keeping watch on the future pensions landscape, the industry can better understand what today’s savers need to watch out for, and how employers and governments can help inspire pensions savers across the board to prepare for the future. Why should employers be concerned that their employees are prepared for retirement?
Making the link between pensions and climate change could be a turning point for engaging socially conscious millennials on retirement savings issues.
In this blog, Laura Myers reflects on auto-enrolment, speculating on the impact of changes and recommending how to best engage workers on saving for retirement.
In this blog, Bob Scott discusses how he would lay the groundwork for a pensions system to produce better outcomes for current and future pensioners
The UK government must legislate to force providers to contribute information to a proposed pension dashboard, industry commentators have said.
The number of young people saving enough for retirement has surged over the past year, as auto-enrolment continues to sweep more workers into the pensions system.
Almost half of the UK’s population believe that property is the best way to save for retirement, according to new figures from the Office of National Statistics (ONS).
It was 2012 when the government pushed through a scheme that aimed to get more people to put money away into their pension pots.