03 Sep 2024

It's Pension Engagement Season

It’s that time of year again. Pension Engagement Season is back for 2024 with more useful content, pension problem-solving and handy tips to help you get behind the driving seat of your pension. 

Here’s what’s happening this year and how you can get involved:

Pension Attention 2024

Spanning from 6 September to 8 November, the Pension Attention campaign is back with a new moto ‘Face Forward’.

Led by the Association of British Insurers (ABI) and the Pensions and Lifetime Savings Association (PLSA), the campaign is encouraging pension savers to take 3 simple steps:

Find out if you have any lost pension savings 

Research tells us billions of pounds are locked away in dormant pensions. Could some of this money be yours? Look back to yesterday and track any old or lost pension you may have. You don’t have to do this alone – the government-backed Pension Tracing Service is here to help.

Login to your pension accounts and check what you’ll get when you retire 

Register for your online account if you haven’t done so already and tap into the information and planning tools available to help you manage your pension. With an account, you can get a clearer picture of your pension and check whether you’re on track to have the retirement you hope for.

Follow the below links to register:

  • ESPS members register here
  • UPP members register here or email the Fidelity service centre at pensions.service@fil.com  

Picture your future self and how much you’ll need later in life

It’s never too early or too late to start planning for your future. No matter where you are on your pension saving journey, take the time this autumn to stop and think about your future and how to get there financially. It may seem like a long way off if you’ve started saving recently. Or it might be that you’re well into your career but haven’t prioritised saving for later life yet and think that it’s too late to start now. It always pays to plan ahead and save for the future, even if it is only a small amount you can afford to put away each month.

Use the Lifestyle calculator tool to check what income you’ll need when you stop work.

Check out the government’s planning tool for step-by-step guide to retirement

You can find out more about the Pension Attention campaign by visiting  pensionattention.co.uk and  youtube.com/@pensionattention

Pension Awareness 2024

Pension Awareness Week will run from the 9th-13th September, bringing 3 solid days of free online shows on various pension topics.

The shows will take place on the 10th, 11th and –12th and will be available to watch on catch up if you miss them on the day.

Running for a tenth consecutive year, the campaign aims to raise awareness about the importance of saving for later life. It provides free, impartial and practical help for tackling primary pension problems, as well as other money matters like savings, debt and budgeting. 

You can sign up to join the shows at https://pensionawarenessday.com/

Tuesday, 10 September

Is it a good idea to transfer my pension? 10:00 – 10:45

Financial wellbeing – finding the balance between money and mindset 12:30 – 13:15

Wednesday, 11 September

Retirement reality check – how to have the lifestyle you want in retirement 10:00 – 10:45

How to get ready for the retirement you want – 12:30 – 13:15

Pension investments explained 14:30 – 15:15

Thursday, 12 September

How to shrink the gender pension gap – 10:00 – 10:45

Pension Geeks for HR/Pension Managers – 12:30 – 13:15

DB or Not DB? 14:30 – 15:15