PensionBee: ‘Pot for life’ pensions are great news for savers

by | Nov 21, 2023

Share this article

In response to a story that the Government is to introduce pension ‘pots for life’, which for the first time would enable people to choose their own pension provider and ask employers to pay into their pension of choice,

Becky O’Connor, Director of Public Affairs at PensionBee, said:

“’Pot for life’ is a great solution to the problem of people having lots of old pensions from multiple jobs. A pension could become a bit like having a bank account, into which different employers can pay. It’s good for savers, giving them more say over how they want to grow their retirement fund and hopefully a decent solution to the problem of lost pension pots.


“Pot for life has the potential to shake up the industry, bringing what consumers actually care about to the forefront, boosting competition and bringing the way people engage with pensions into the 21st century.”

Share this article

Related articles

Trending articles

IFA Talk logo

IFA Talk is our flagship podcast, designed to fit perfectly into your busy life, bringing the latest insight, analysis, news and interviews to you, wherever you are.

IFA Talk Podcast - listen to the latest episode