Story perspectives

Free Health Checks Proposed to Boost UK Pension Savings

1/27/2026

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Summary

Story summary

The Social Market Foundation (SMF) and M&G urge free 'health checks' for pension savers to address a UK retirement savings crisis.
They propose integrating these checks into upcoming pensions dashboards.
Research shows workers lack awareness of pension contributions and have not consolidated pots.
Dashboards must be paired with personalized guidance to boost engagement and confidence.
The SMF and M&G call for collective action to improve financial literacy and retirement planning.

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Story summary

The Social Market Foundation (SMF) and M&G urge free 'health checks' for pension savers to address a UK retirement savings crisis.
They propose integrating these checks into upcoming pensions dashboards.
Research shows workers lack awareness of pension contributions and have not consolidated pots.
Dashboards must be paired with personalized guidance to boost engagement and confidence.
The SMF and M&G call for collective action to improve financial literacy and retirement planning.