Creating an ownership mindset

If there is one thing we have long suspected, it is this: savers don’t feel they ‘own’ their retirement finances. They do not choose their pension provider, nor do they choose the funds in which they invest. They rely on a raft of third parties—such as consultants, advisers, providers and asset managers—to make decisions on their behalf; even the trust they have in their employer is waning.

Clearly, something needs to change. We believe the time has now come to rethink member engagement from the ground up.

In this latest paper, we investigate how people feel about their retirement savings and how we, as pensions professionals, stand to influence this. Specifically, we explore:

• What ‘ownership’ means in relation to the pensions industry
• Whether the ‘ownership gap’ is influenced by the age of the saver or the size of their pot
• Whether members have the appetite to engage with their pensions savings, or whether automatic enrolment (AE) has ultimately created a ‘do it for me’ mind set
• How members would like the industry to support them moving forward

Interested in finding out more? Read the full report below:

Important information

This is a Marketing Communication. This webpage has been created in relation to the SEI Master Trust, an occupational pension scheme which is authorised by the Pensions Regulator. The trustee of the SEI Master Trust is SEI Trustees Limited. SEI Trustees Limited has appointed SEI Investments (Europe) Ltd (“SIEL”) as investment adviser to the SEI Master Trust and pursuant to its investment advisory agreement. This information is issued and approved by SEI Investments (Europe) Ltd (“SIEL”) 1st Floor, Alphabeta, 14-18 Finsbury Square, London EC2A 1BR. This advert and its contents are directed at persons who have been categorised by SIEL as a Professional Client and is not for further distribution. SIEL is authorised and regulated by the Financial Conduct Authority. While considerable care has been taken to ensure the information contained within this webpage is accurate and up-to-date and complies with relevant legislation and regulations, no warranty is given and no representation is made as to the accuracy or completeness of any information and no liability is accepted for any errors or omissions in such information or any action taken on the basis of this information. The information in this webpage is for general information purposes only and does not constitute investment advice. You should read all the investment information and details on the funds before making investment choices. Please refer to our latest Prospectus (which includes information in relation to the use of derivatives and the risks associated with the use of derivative instruments), Key Investor Information Document, Summary of UCITS Shareholder rights (which includes a summary of the rights that shareholders of our funds have) and the latest Annual or Semi-Annual Reports for more information on our funds, which can be located at Fund Documents (https://seic.com/en-gb/fund-documents). And you should read the terms and conditions contained in the Prospectus (including the risk factors) before making any investment decision. If you are in any doubt about whether or how to invest, you should seek independent advice before making any decisions. The UCITS may be de-registered for sale in an EEA jurisdiction in accordance with the provisions of the UCITS Directive. Past Performance does not predict future returns. Investment in the range of the SEI Master Trust’s funds are intended as a long-term investment. The value of an investment and any income from it can go down as well as up. Investors may not get back the original amount invested. This document and its contents are for Institutional Investors only and not for further distribution.