Personal pensions are increasingly used by employees who want greater choice and visibility over their long term savings, not because they reject workplace pensions. As job changes create multiple pension pots, fragmentation makes it harder to see the full picture. A personal pension can help consolidate savings, but only when employees have real choice over where workplace contributions are paid.

More than £26 billion in UK pension savings is sitting in lost or forgotten pots and the impact is felt at every life stage. As people move jobs, small pensions drift out of sight and become harder to track, creating stress and reducing long term confidence. Understanding what you have and where it sits is the first step to regaining control.

Employees now value pension choice more than short term perks because it supports how they already manage their finances. Allowing people to direct contributions into a pension they trust reduces friction, builds confidence and strengthens long term financial wellbeing. For HR leaders, this is a practical way to offer a benefit that genuinely adds lasting value.

Payroll errors are causing delayed and missing pension contributions across the UK, undermining trust and long term financial planning. Inconsistent payroll data prevents payments from flowing correctly, affecting employees at every career stage and reducing confidence in their future savings.

Gen Z face rising living costs, stretched salaries, and financial milestones that feel further away than ever, which is exactly why pensions matter. Your pension is one of the few areas where time works in your favour. Even small contributions, supported by your employer and tax relief, grow steadily in the background. Research shows a 25 year old today may need a pension pot of £3.1 million to retire comfortably, which highlights how valuable early action can be.

Learn how HR, Payroll, and Rewards professionals can design workplace benefits that attract and retain talent. This guide explores how clear pension communication, flexible working, and accessible health support drive engagement, reduce turnover, and strengthen your overall employee value proposition.