The Money Marketing Podcast

Protection and pensions series: Unlocking the Workplace Pensions Report 2025


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How do you convince a client to consolidate their "shoebox" of old pensions when 59% are happy to just "leave it"? In this episode of The Money Marketing Podcast, in association with Royal London, we look at the actionable takeaways for advisers from the Workplace Pensions Report 2025.

 

Clare Moffat (Royal London) breaks down the barriers stopping clients from picking up the phone. We discuss the upcoming changes to salary sacrifice (and the new £2,000 NI cap), the confusion surrounding the "megafunds" proposals, and how to use the Retirement Living Standards to reset unrealistic income targets.

We discuss:

  • The "I'll do it later" problem: Strategies to move clients from inertia to action.
  • Anchoring Expectations: Combating the "£58k income" myth.
  • The Power of Advice: Data showing how advised clients are more likely to switch funds and boost contributions.
  • Future Proofing: What the Pension Schemes Bill means for your clients.
  • Read the full report: To see the full breakdown of consumer trends and stats, download the Royal London Workplace Pensions Report 2025 here.

    ...more
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