05 April 2022

Support for savers to engage with pensions welcomed

3 min read

Commenting on the campaign to boost people’s understanding and engagement with their pensions led by the Association of British Insurers (ABI) and the Pensions and Life Savings Association (PLSA), Jamie Jenkins, Director of Policy & External Affairs at Royal London, said:

“Navigating the world of pensions can be difficult, so it’s encouraging to see the industry pulling together to support savers and help them make sense of their retirement planning.

“Long term savings requires long term planning and by helping people create a better connection with their pension we can help achieve that. Research tells us that almost half of adults want their pension to be doing good in the world and by tapping into the broader awareness of responsible investing we can switch more savers on to the power of their pension.

“An industry wide campaign can only help narrow the engagement gap and boost better later life planning.”

 

 

About Royal London

Royal London is the largest mutual life insurance, pensions and investment company in the UK, with assets under management of £150 billion, 8.8 million policies in force and 4,262 employees. Figures quoted are as at 30 June 2022. Learn more at royallondon.com

For further information please contact:

Meera Khanna, Senior PR Manager