Pensions UK: 2030 Ready

The pensions industry is entering a defining period, being reshaped by consolidation, the focus on investment in growth assets, and an urgent spotlight on the need for people to save more, to understand what their retirement savings are worth and to be supported and empowered to use them.   

Pensions UK is looking ahead to the start of the 2030s and how we develop the pension system and our organisation to prepare for the future.  

Our strategy

For over a century we’ve been the voice of pensions, helping everyone achieve a better income in retirement. That aim echoes the strategic priorities of our membership and is what drives and inspires those that work for and with us. 

Our strategy for 2025 to 2029 will prepare Pensions UK and its members to thrive as we enter the next decade. 

Here’s how we’re making Pensions UK and our members ready for 2030.

• We’re making pensions better – leading policy and regulatory change on the issues that matter, developing our thought leadership, and convening the industry to solve shared problems. 
• We’re influencing pensions policy – increasing our media profile and enhancing our engagement with government.
• We’re delivering outstanding value to our members – delivering what they expect from us: better insight, deeper engagement, enhanced access.
• We’re building a great place to work – investing in our skills and data, and modernising how we work.
• We’re funding our future efficiently – evolving our subscriptions model, developing new services and continuing to lead the way with pensions events.

Our policy goals

We have a forward-looking programme to prepare the industry and savers for the demographic, economic, and systemic changes expected in the 2030s.

Above all, we want to see a pension system that provides an adequate retirement income to savers and is affordable and fair.

That means:

• A State Pension that keeps people out of poverty and provides a strong foundation for saving.
• A phased move to 12% automatic enrolment contributions - with protections for lower earners and better inclusion for the under-pensioned.
• Clear national objectives for the pension system - so we can measure progress and hold ourselves accountable.
• Well-executed DC consolidation that delivers for savers.
• Thriving open DB schemes, solutions for closed DB, and support for an LGPS delivering through partnership between funds and pools. 
• Support for CDC, and risk-sharing models
• Proportionate, targeted regulation and modernised governance.
• Sustainable investments that deliver long-term value to savers and society, in the UK and across the world.
• Support for a complex, digital world – simplified systems, small pots consolidation, and accessible guidance, so people are empowered to make good financial decisions.

Here's how you can be part of it

• Contact the Pensions UK team to share your views on our policy direction and how we get there
• Engage with us as it takes shape: contribute your insight via surveys to shape our series of 2030 Ready reports, and read and comment on PolicyWatch and Pensions UK member content in our online member hub to stay informed on progress.
• Be part of the Pensions UK community by attending conferences, events and webinars, starting with our Annual Conference 2025, the first major gathering of Pensions UK.