We’ve won the Retirement Living Standards Award
We’re delighted to announce that we’ve won the Retirement Living Standards Award for our communications to support and engage Defined Contribution (DC) members with their pension savings.
The award was presented by the Pension and Lifetime Savings Association and judged on how we communicate the Retirement Living Standards to our Defined Contribution (DC) members using innovative online tools and compelling communications.
Our approach to promoting the standards has always been focused on making the information accessible and engaging, helping members think about their financial future and whether their pension savings plans are on track.
We’ve achieved this with a variety of engagement activities across multiple channels and at various touch points in the member journey, including:
- Interactive video quiz and pension savings tool
- annual benefit statements
- personalised video benefit statements
- educational website for DC savers
- live pension planning webinars
- articles and member newsletters
This is the second award we’ve won in the space of a week following last week’s Money Age award-win for Pension Provider of the Year 2023.
Philip Smith, TPT's DC Director commented:
"Helping our members understand their pension savings options in a simple easy to understand way is a key objective for TPT. Working with the PLSA Retirement Living Standards enables us to provide tools that use simple rules of thumb that members can understand and engage with. We're delighted that the PLSA has recognised our work and we look forward to continuing to integrate the standards as as we continue to invest in our digital member experience."
Related news & insights
-
Financial wellbeing during the cost-of-living crisis
The high cost of essentials like energy, food and petrol means that many household are still feeling the pinch and looking for ways to balance their budgets. Here are some tips and resources to help reduce costs during this difficult time. -
What is the Pension Wise guidance service and how can it help me?
As you approach retirement, there are a lot of things to consider. Thankfully, the Government offers a great free service called Pension Wise that can take you through your options and help you make the right decisions. -
Triple lock and the state pension rise
The state pension is expected to rise in April next year, following an almost record-breaking growth in average annual earnings of 8.5%. And it’s all down to the ‘triple lock’. But what is this and what does it mean for your pension? -
Auto enrolment explained
If you have just started a new job you may have found yourself auto-enrolled into their workplace pension scheme. But what exactly is auto enrolment, and what does it mean to you?