Why saving into your pension matters

Why use a pension, it’s the same as stuffing money into your mattress, right? Well – no. Not even a bit.

A pension is your money, invested. Invested in what you might ask? That depends on a few things, but what you need to know is that in a pension your money doesn’t stop working. This gives you the chance to choose where you put your money, and your money aims to grow. But that’s not all.

We’ve teamed up with Pension Awareness Live to answer your important questions about pensions and help you get the most from your pension savings. We’re tackling key questions like ‘How much should I be saving for the future?’, ‘How is my pension invested?’ and more.

The journey of your pension money

How much should you be saving for the future?

Our Consumer Finance Specialist, Sarah Pennells, talks through how much you could look to save in your 20s, 30s, 40s, 50s and beyond to help you have a comfortable retirement.

Find out more about How much should you be saving for the future?

How is my pension invested?

Our investment expert, Lewis Daley, talked to the Pension Awareness Live team about where your pension money goes, how it’s invested and everything you need to know about responsible investment.

Find out more about How is my pension invested?

Highlights from Pension Awareness Live

Sarah gives us a roundup of all the highlights at the end of the week from Pension Awareness Live week, which took place from 13 to 17 September 2021.

Find out more about Highlights from Pension Awareness Live

Common questions – Let’s talk about pensions

Pension Awareness Live is a full week of pension focused activity to help you get to grips with your pension savings.

We’ve been working with the Pension Geeks at Pension Awareness Live week to bring you a series of webinars to help you navigate your pension. Afterall, giving your pension some attention now could help to make a difference to your future.

Knowing how much to pay into your pension can be confusing. But it's worth knowing that even the smallest increase in your monthly contributions can make a huge difference to your future.

Watch our Consumer Finance Specialist, Sarah Pennells, explain how you can save for your future.

When your pension money leaves your pay it quickly finds its way into carefully chosen companies, property, bonds and cash. It’s invested, which makes you an investor.

Our video explains what happens to your pension money after it comes out of your pay.

If your money was only held in cash savings, inflation could eat away at its value, over time.

Investing gives your pension money the chance to at least keep pace with inflation, hopefully with some extra growth on top.

Find out more

Now is not the time to be passive about climate change. Responsible investment, takes into account the environmental impact, social impact and governance (ESG) that companies have as well as how well they’re run, as this can help protect investment returns from shocks. This means there are long-term financial benefits to an approach that is rooted in shared values and a desire for companies to do things in everyone’s best interests.

At Royal London, we’re committed to being a responsible investor. This means we aim to generate good investment returns whilst also making a positive contribution to our society and environment.

Find out more about responsible investment in Lewis Daly’s webinar.

Pension Awareness Live is a full week of pension focused activity to help you get to grips with your pension savings.

We’ve been working with the Pension Geeks at Pension Awareness Live week to bring you a series of webinars to help you navigate your pension. Afterall, giving your pension some attention now could help to make a difference to your future.

Knowing how much to pay into your pension can be confusing. But it's worth knowing that even the smallest increase in your monthly contributions can make a huge difference to your future.

Watch our Consumer Finance Specialist, Sarah Pennells, explain how you can save for your future.

When your pension money leaves your pay it quickly finds its way into carefully chosen companies, property, bonds and cash. It’s invested, which makes you an investor.

Our video explains what happens to your pension money after it comes out of your pay.

If your money was only held in cash savings, inflation could eat away at its value, over time.

Investing gives your pension money the chance to at least keep pace with inflation, hopefully with some extra growth on top.

Find out more

Now is not the time to be passive about climate change. Responsible investment, takes into account the environmental impact, social impact and governance (ESG) that companies have as well as how well they’re run, as this can help protect investment returns from shocks. This means there are long-term financial benefits to an approach that is rooted in shared values and a desire for companies to do things in everyone’s best interests.

At Royal London, we’re committed to being a responsible investor. This means we aim to generate good investment returns whilst also making a positive contribution to our society and environment.

Find out more about responsible investment in Lewis Daly’s webinar.