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06/10/2026

Business owners must support employees to grow their retirement income. Help is available through free pension consultations from qualified advisers.

𝐃𝐎𝐍’𝐓 𝐋𝐄𝐓 𝐘𝐎𝐔𝐑 𝐏𝐄𝐍𝐒𝐈𝐎𝐍 𝐂𝐎𝐀𝐒𝐓 𝐈𝐍𝐓𝐎 𝐑𝐄𝐓𝐈𝐑𝐄𝐌𝐄𝐍𝐓.
𝐌𝐚𝐤𝐞 𝐬𝐮𝐫𝐞 𝐢𝐭’𝐬 𝐬𝐭𝐢𝐥𝐥 𝐰𝐨𝐫𝐤𝐢𝐧𝐠 𝐟𝐨𝐫 𝐲𝐨𝐮.

It’s surprisingly easy to leave a pension behind when you change jobs — and simply assume it will look after itself.

But an old pension could have:

- Charges that are higher than necessary

- Investments that no longer reflect your attitude to risk

- Funds that haven't been reviewed for years

- Poor value compared with newer alternatives

- Features or restrictions you may not even realise you're paying for

And the numbers can be significant.

There are an estimated 𝟑.𝟑 𝐦𝐢𝐥𝐥𝐢𝐨𝐧 𝐥𝐨𝐬𝐭 𝐩𝐞𝐧𝐬𝐢𝐨𝐧 𝐩𝐨𝐭𝐬 𝐢𝐧 𝐭𝐡𝐞 𝐔𝐊, 𝐰𝐨𝐫𝐭𝐡 𝐚𝐫𝐨𝐮𝐧𝐝 £𝟑𝟏.𝟏 𝐛𝐢𝐥𝐥𝐢𝐨𝐧.

The Financial Conduct Authority (FCA) also reported in 2026 that some legacy pension products may provide poorer value because of older product design and complex charging structures.

And in an FCA/DWP/TPR illustration, a £10,000 pension growing in a poor-performing scheme could reach around £10,400 over five years, compared with £15,100 in a high-performing one. 𝐓𝐡𝐚𝐭'𝐬 𝐚 𝟒𝟔% 𝐝𝐢𝐟𝐟𝐞𝐫𝐞𝐧𝐜𝐞.

That doesn't mean every old pension is bad — far from it. But it does mean your pensions are worth reviewing. Because the pension you forgot about today could be funding your lifestyle tomorrow.

𝐃𝐨𝐧'𝐭 𝐥𝐞𝐚𝐯𝐞 𝐲𝐨𝐮𝐫 𝐫𝐞𝐭𝐢𝐫𝐞𝐦𝐞𝐧𝐭 𝐭𝐨 𝐜𝐡𝐚𝐧𝐜𝐞. 𝐑𝐞𝐯𝐢𝐞𝐰 𝐰𝐡𝐚𝐭 𝐲𝐨𝐮'𝐯𝐞 𝐚𝐥𝐫𝐞𝐚𝐝𝐲 𝐛𝐮𝐢𝐥𝐭.

Get in touch to have a chat about your old pensions.

Approver Quilter Financial Services Limited October 2026

Sources:

https://www.fca.org.uk/news/press-releases/pension-firms-must-do-more-customers-older-pensions-fund-savings
https://www.fca.org.uk/news/press-releases/pension-value-be-put-under-spotlight
https://assets.publishing.service.gov.uk/government/uploads/system/uploads/attachment_data/file/1168816/analysing-the-impact-of-private-pension-measures-on-member-outcomes.pdf
https://www.fca.org.uk/news/press-releases/defined-contribution-workplace-pensions-audit-charges-and-benefits-legacy

09/08/2024

New research reveals the offer of financial advice is still way down the priority list for many companies, due to a perceived risk of inappropriate advice being given to employees.

The data reveals that one in three (34%) UK organisations do not offer financial advice. This increases to 1 in 2 (51%) organisations with fewer than 500 employees.

Research by AXA uncovered that 5% of employees admit to having taken time off work in the past 12 months as a result of money worries, and 70% say that they have spent time at work worrying about their finances.

Supporting employees is supporting your business. From business protection to mortgage and pension advice for employees, we offer an end-to-end solution for business decision makers.

https://www.businesseye.co.uk/features/uk-companies-cautious-about-offering-financial-advice-to-employees/

New research from Close Brothers’ Workplace Financial Wellbeing Service, reveals that at a time when money worries have increased for many employees, the offer of financial advice is still way down the priority list for many companies, due to a perceived risk of inappropriate advice being given to...

04/07/2024

Record numbers of people have taken out income protection insurance to protect their finances against the risk of a serious accident or illness stopping them working.

As a business owner of a limited company, this is and can help lower your corporation tax. If you're paying for protection personally, consider, with the help of an adviser, if there's a more tax efficient solution.

Record numbers of people have taken out income protection insurance to protect their finances against the risk of a serious accident or illness stopping them working. Sales of individual income protection policies hit a record 247,000 last year Sales of standalone* critical illness policies totalled...

03/07/2024

Almost three-fifths (59%) of UK employees have not taken time off work due to illness or injury despite needing to.

Its survey of 2,009 employees found that when asked why they did not call in sick when they needed to, 36% of respondents did not think there was anyone to cover them, 28% did not want to miss work and 16% had a deadline to meet.

More than one-quarter (27%) said their colleagues needed them, 26% were worried they would not be paid, and 17% felt anxious they would lose out financially because they would not receive sick pay.

Almost three-fifths (59%) of UK employees have not taken time off work due to illness or injury despite needing to, according to research by protection and employee benefits provider Metlife UK. Its survey of 2,009 employees found that when asked why they did not call in sick when they needed to, 36...

02/07/2024

Hay fever costs British businesses billions every year due to loss of productivity. Managing employee wellbeing and offering staff 24/7 access to a GP can help improve productivity and avoid absenteeism.

“Hay fever can disrupt sleep, increase anxiety, and lower mood, all having knock-on effects for organisation productivity. Without appropriate workplace adjustments, leaders could see a decline in mental health, decreased productivity, and an increase in absenteeism.”

Almost half (45%) of employees in the UK have hay fever, a survey by printing company Instantprint found. Of the employees surveyed, three quarters (73%) of respondents believed employees should not be able to take time off work because of hay fever symptoms.

27/06/2024

There are financial benefits to being a business owner of a limited company.

You can use your business to offset protection services, saving you money and lowering your .

This is just one way we're helping businesses every day! Get in touch to find out more.

Relevant life advice offers business life insurance for directors / business owners in a tax efficient way. It can also be used as a death in service for employees.

25/06/2024

"Workers want an employer with a great focus on wellbeing, flexibility, opportunity and understanding, plus environmentally-friendly working practices for mindful sustainability and a supportive culture to allow them to strive and succeed."

A million (1.15 million) workers – 3.5% of the UK workforce – are not eligible for statutory sick pay (SSP) as they do not meet the earnings threshold of £123 per week, a report from think tank The...

24/06/2024

A record 3.7 million workers in England will have a major illness by 2040, according to research.

"Chronic pain, type 2 diabetes, anxiety and depression are forecast to grow at a faster rate in more deprived areas, while prevalence of chronic obstructive pulmonary disease is four times more common in the most deprived areas than the least. These conditions have a significant impact on quality of life and may limit people’s ability to work for long periods of time."

Is it time to explore how you can keep your staff healthy and happy with an employee benefits program designed to improve the quality of their life?

Get in touch to find out more!

Health Foundation report also predicts people in poorest areas will be three times more likely to die by the age of 70

21/06/2024

What would happen to your business if a key employee was unwell for a long period of time?

We all have critical people within our businesses, essential to the sales and operations process.

Shield your company by completing our free business health check and we'll help you identify where your business could be vulnerable. Then, look at the solutions that protect and future-proof your organisation.

https://businessprotectioninsurance.co.uk/free-business-financial-health-check/

Our free business financial health check considers where your company is vulnerable and which protection solutions could help in a free report.

20/06/2024

𝐇𝐨𝐰 𝐝𝐨𝐞𝐬 𝐲𝐨𝐮𝐫 𝐛𝐮𝐬𝐢𝐧𝐞𝐬𝐬 𝐬𝐮𝐩𝐩𝐨𝐫𝐭 𝐞𝐦𝐩𝐥𝐨𝐲𝐞𝐞𝐬 𝐰𝐢𝐭𝐡 𝐦𝐞𝐧𝐭𝐚𝐥 𝐡𝐞𝐚𝐥𝐭𝐡 𝐢𝐬𝐬𝐮𝐞𝐬?

Business protection services for employees isn't just for when your staff are off work with a long term sickness, critical illness or when they die. You can use your policies to enhance the physical and mental wellbeing of your staff today, which can help them remain healthy and effective in their job.

We help organisations of all sizes to build a comprehensive employee benefits package that adds value to your business every day, not just some day.

We help businesses of all sizes and most commonly, we help businesses with between 1-30 employees. There's a tax efficient employee benefits package for you - find out more by calling 𝟎𝟖𝟎𝟎 𝟔𝟐𝟐 𝟔𝟒𝟎𝟔 and speaking to a qualified specialist.

https://www.hrmagazine.co.uk/content/insights/eight-reasons-why-you-should-support-employees-mental-health/

Did you know that one in six people will experience a common mental health problem in any given week? It’s also estimated that 17.1 million workdays were lost between 2022 and 2023 due to work-related stress, depression and anxiety.

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Website

https://businessprotectioninsurance.co.uk/

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