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Daily Record
Daily Record
Lifestyle
Linda Howard

New pension savings campaign aims to help millions of people build bigger money pots

Millions of savers across the country will be helped to get to know their pensions better and potentially build a bigger retirement pot with a new awareness campaign launching later this year.

The drive to help bring retirement savings into everyday conversations is being led by the Association of British Insurers (ABI), the Pensions and Lifetime Savings Association (PLSA) and several big pensions providers following new industry figures which highlighted how only one in five people feel confident they are saving enough for their retirement.

It is hoped people will be encouraged to engage more with existing pensions communications and to save more to achieve a higher income in retirement.

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