Pensions Policy Institute (PPI)

Published today: Briefing Note 138 - Lost Pensions 2024 Briefing Note 138 contains the highly anticipated results of the PPI's 2024 Lost Pension Survey. The key findings from the research are: 💰 There are now an estimated 3.3 million lost pots, containing £31.1 billion worth of assets. 💰 The average size of a lost pot is highest among the 55-75 age group, at £13,620. 💰 The average size of lost pots among the 75+ age group has reduced from £12,190 in 2022 to £6,540 in 2024. This iteration of the PPI Lost Pensions Survey shows how the lost pots problem has progressed up until 2024. This Briefing Note is kindly sponsored by Association of British Insurers and Pensions and Lifetime Savings Association and supported by the Pay Your Pension Some Attention campaign 👉 https://lnkd.in/eXnQPHJD The PPI would also like to thank Aegon UK , Aviva Business (Insurance, Wealth & Retirement), Nest pensions, Phoenix Group, Rothesay, Zurich Insurance (Zurich Assurance Ltd), as well as those who provided data anonymously, for their participation in the PPI Lost Pensions Survey (2024). 

🎅 🎅 Seasons Greetings from the PPI Team🎅 🎅 We would like to wish all of our Supporters, Governors, Research Sponsors and followers a very Merry Christmas and thank you for all of your support during 2024! The Institute is now closed until 3 January 2025. In the meantime, a little festive fun for you all! Can you tell which team member owns which Christmas tree and vote on your favourite!!! 🎄 🎄 🎄 Enjoy the festive break and we look forward to working with you again in 2025. Danielle Elliott Chris Curry Dr Suzy Morrissey Tim Pike Maritha L. Anna Brain Nicky Day John Upton John Adams Shantel Okello Tarryn Bird Mariana García Requejo

We are delighted to announce that Dr Priya Khambhaita will be joining the PPI Team in January as our Head of Policy Research. We very much look forward to welcoming Priya back to the team. Please join us in congratulating Priya on her new role with the Institute.

5 decades of pension history. If you want a nostalgic and informative read this report is the one to read.

What a wonderful launch event today and a fascinating panel discussion for the launch of #PPIPensionsFramework So many people to thank!! Our event chair Chris Curry for managing to keep the event to time (not an easy task!!) Our wonderful panel Emma Douglas Will Snell Des Healy The authors of the report Anna Brain Daniela Silcock Tim Pike John Adams The amazing team at Aviva Business frank carson Sarah Webster Hannah Barker Alistair McQueen Sophie (Richardson) Stratton The PPI events team Maritha L. Tarryn Bird Danielle Elliott Shantel Okello Bethel Kyeza https://lnkd.in/e4anBQyu

The Pensions Policy Institute (PPI) is today publishing the fourth edition of the UK Pensions Framework in association with Aviva Business , this report Red Sky in the Morning? examines the link between rising inequality and the UK pension system. The report includes evidence of risks that households face to retirement security from a combination of rising levels of inequality, and persistent gaps in pensions coverage and contributions. It concludes that the government’s Pensions Review comes at a critical time. While recent pension reforms have had important success however, there is more to be done and focusing on retirement income alone misses important and growing divides that have a material impact on living standards in later life https://lnkd.in/e4anBQyu #inequality #pensions #PensionsPolicyInstitute #PPILaunch #PPIPensionsFramework #retirement #redsky #retirementsavings #adequacy #savingsgaps #savings Anna Brain Daniela Silcock John Adams Tim Pike Chris Curry frank carson Alistair McQueen Sarah Webster Hannah Barker

Last night some of the Pensions Policy Institute team had the pleasure of joining Capita Pension Solutions to celebrate their 50th Anniversary at the spectacular OXO Tower. As part of their 50th celebrations we launched a new report kindly sponsored by Capita, A 50-Year Retrospective, authored by Shantel Okello . The unique report highlights how economic, demographic, and technological changes have transformed pension schemes and retirement planning in the UK over the past five decades, and analyses how these factors have influenced the experiences of savers and those nearing retirement, using hypothetical households to bring these changes to life. https://lnkd.in/e4JMr4p7 #retirement #50years #pensions #landscape #retirementsaving Anna Brain Chris Curry Maritha L. Nicky Day Daniela Silcock Danielle Elliott Anish Rav Gareth Davies Capita Capita Experience

The Pensions Policy Institute (PPI) is today publishing an INDEPENDENT Briefing Note, "Quantifying multi‐employer and single employer CDC outcomes" At a roundtable held today and chaired by David Fairs the PPI published the second output in the research series which investigates the potential for Collective Defined Contribution (CDC) schemes and how they might operate in the UK. The second Briefing Note, authored by John Upton examines the performance of single and multi-employer CDC schemes compared to other products. The project is a collaboration between the Pensions Policy Institute (PPI) and King's College London Mathematics Department, funded by the Nuffield Foundation. The PPI would also like to thank John Armstrong for his presentation at the roundtable and collaboration and Tim Pike for his contributions to the project. https://lnkd.in/eeaugs_j  

The PPI watched the #MansionHouse speech with interest and we have prepared a helpful guide to explain the changes that will impact pensions. PPI Director, Chris Curry, reflected on the Chancellor's speech “PPI research has highlighted the many potential benefits of scale in pension fund investment and the process of consolidation has already started in many parts of the pensions industry. These proposals would accelerate that trend. Large international pension funds invest globally, not just in their own domestic markets, so for a smaller number of larger UK funds to positively impact on UK growth, there must also be more opportunities for good investment in the UK. It is essential that the members of pension funds still see good retirement outcomes, so investment will still need to have good returns.“ https://lnkd.in/eTa2aksb

The PPI watched the Autumn #Budget with interest today and we have prepared a helpful guide to explain the changes that will impact pensions.  https://lnkd.in/ePsK_nJ2