Future Focus

Speaker: Money and Pensions Service (MaPS) chair Sir Hector Sants Here in the UK, by 2030, over 13 million people will be at, or beyond, the State Pension age. Many of these people will face complex decisions about how to make their Direct Contribution (DC) pensions last a lifetime. Others may find their pensions options are very limited. Some of these, sadly, may also lose...

Visits to the seaside, meals out in restaurants, gardening and entertaining at home are the top ‘simple pleasures’ Generation X want to enjoy in retirement33% want to prioritise socialising over ‘big ticket’ items and 41% of those who plan to retire have reassessed their retirement priorities in the wake of the pandemicBut 12 million Gen Xers are in the dark about how much money they will...

How can the Money and Pensions Service help connect individuals with their pensions? The Money and Pensions Service (MaPS) was tasked by government to create and run a MaPS Dashboard. This aims to help individuals to access their pensions information online, securely and all in one place, and enhances the service MaPS offers to help people with their pensions and plan their financial...

What impact has Covid-19 had on financial wellbeing? Our head of insight Nick Watkins explores on how the pandemic has affected the UK Strategy for Financial Wellbeing goals for financial education, saving, credit use, debt advice and pensions. When we launched the UK Strategy for Financial Wellbeing in January 2020, we had no idea that the first Covid-19 cases would be detected in the...

The Money and Pensions Service (MaPS) launched the UK Strategy for Financial Wellbeing in January 2020. The months following the launch brought the coronavirus pandemic, which continues to have a historic impact on the UK economy and people’s personal finances. To help analyse the pandemic’s impact on UK financial wellbeing, MaPS reviewed existing evidence in five separate rapid evidence...

The Money and Pensions Service (MaPS) assumed the delivery functions of both Pension Wise and The Pensions Advisory Service in 2019. This report provides quarterly data for MaPS’ pensions guidance services for Q1 2018/19 to Q3 2020/21 (year to date). This data is being published in advance of quarterly reporting commencing in 2021/22. Download report

The Money and Pensions Service response to the pledge campaign launched by the Pensions Regulator. Charlotte Jackson, Head of Pensions Operations and Consumer Protection at the Money and Pensions Service said: “We welcome the Pensions Regulator’s important call to action on pension scams. It’s vital that we work together with pension providers, trustees and administrators to help...

97% of appointment customers have already recommended the service to others or say they would do so 91% of appointment customers said Pension Wise helped them consider their options more thoroughlyMore than threefold increase in overall Pension Wise transactions since the service began Rising numbers of people accessed guidance offered by Pension Wise in...

Rising numbers of people accessed guidance offered by Pension Wise in 2019/20, with a  23% increase in customers arranging appointments face to face and over the phone, and customers showing greater confidence in making pensions access decisions after using the service.     This report was updated on 24 February 2021 to amend the title and labels of the infographic on page 1 and...

Professor Dame Carol Black, Chair of the Centre for Ageing Better, and Emma Douglas, Head of DC at Legal & General Investment Management, address later life and long-term saving, including barriers to financial wellbeing, initiatives that could drive change, and what motivates them as chairs within the UK Strategy for Financial Wellbeing. We pay a lot of attention to...

The Income in Retirement Landscape, SG Pensions Enterprise, 28 September 2021

(Later) life’s little pleasures

Pensions Dashboard user research

The 3 D’s of Covid

The impact of Covid-19 on financial wellbeing

Pension guidance data – first quarterly report

Media comment: response to Pensions Regulator pledge campaign

Pension Wise appointments see 23% increase in 19/20

Pension Wise service evaluation 2019/2020

Pensions Awareness Week interviews: long-term saving and later life

Managing money in uncertain times