Pay Your Pension Some Attention!
As the summer holidays come to a close and children and students return to classrooms across the country, the workplace also has a back to school feel and there's definitely a renewed energy to increase conversations and understanding about the importance of pensions and retirement planning.
With several industry initiatives being launched this week, we thought it would be useful to highlight the key details and resources, and links to the main Workplace Pensions providers. This is to help you signpost your employees to information about retirement planning, to improve pension engagement and open up discussions about financial wellbeing.
Please contact your dedicated Account Director or benefits@theinkgroup.co.uk if you'd like support with any of this information or to talk to us about your Workplace Pension. We offer 121s and online or onsite presentations.
Pay Your Pension Some Attention is an industry-wide initiative led by the Association of British Insurers (ABI) and the Pensions Lifetime Savings Association (PLSA) to boost people’s understanding of, and engagement with, pensions. Launching this week, it is being supported by all the main providers and focuses on three key themes to help your employees.
Find out if they have lost pension savings pots
Check what they'll get on retirement
Picture their future self and what they'll need
In association with Royal London and Pension Geeks, Pension Awareness Week returns for 2024 with a host of live on-line presentations, providing free, impartial and straightforward information about pensions and retirement planning. There are resources available to download on the website and links to the live show calendar that can be booked in advance.
Here is a selection of the work that is being done by the main Workplace Pensions Providers this autumn as part of Pension Engagement Season.
Scottish Widows
Interactive pension mirror tool through the Scottish Widows app.
Virtual assistant on the Scottish Widows website to answer pension questions.
Live pension webinars.
Scottish Widows Pension Engagement Hub
Legal & General
Involved in the Pay Your Pension Some Attention Campaign
Legal & General - Pension Attention (legalandgeneral.com)
Standard Life
Campaign focusing on 3 simple steps using the Standard Life mobile app for employees to…
SEE what they’ve got in their pension pot.
FIND out if they have any lost pension savings.
PICTURE their ideal future and how much money they’ll need.
Interactive calendar of activities
Employer webpage: Pension Engagement Season 2024 | Standard Life Employer
Webinars – employees can get to know their pension plan better in their lunchbreak with midday webinars, running during Pensions Awareness Week - Virtual Event (workcast.com)
Royal London
Main supporter of Pension Awareness Week.
Employer webpage: Royal London Pension Awareness 2024
Aegon
Pension Awareness Day Partner.
Aviva
Supporting Pay your Pension Some Attention and focusing on three main areas for employees –
Find out if they have lost pension savings pots
Check what they’ll get on retirement
Picture their future self and what they’ll need
Hargreaves Lansdown
Resources available to support employees on the Hargreaves Lansdown website.
NEST
Resources available to support employees on the NEST website.
The People’s Pension
A dedicated member webpage - Pension Attention - The People's Pension for Members (thepeoplespension.co.uk).
A member article with simple steps to support with pension engagement.
A dedicated Employer webpage with useful information for employers to support their staff - Pension Attention - The People's Pension for Employers (thepeoplespension.co.uk).
Smart Pension
Involved in Pension Awareness Week and Pay your Pension Some Attention. Also National Pension Tracing Day on the 27th October.