Keith Churchouse: Why time is running out for the name 'pension'

Auto-enrolment bubble

clock • 3 min read

More than 10 million in the UK are saving into an auto-enrolment pension scheme. Many will believe that they have ‘ticked' the pensions box and their retirement saving is under control. Invariably, this is going to be wrong, warns Keith Churchouse...

Many of you will know that I like to tinker with old cars and vehicles. I am not the best on the spanners, but I have some skill with various parts of a vehicle, particularly bodywork, electrics and for some strange reason, windscreens! Tangibility is the key point for me. You can create something from a piece of metal, or a tin of paint, that people can see and admire. Like some windscreens, it can be difficult on occasion to see through financial advice to see the real tangible advantage, and this has been a criticism and concern for some pension investors for years. It's only when tim...

To continue reading this article...

Join Professional Adviser for free

  • Unlimited access to real-time news, industry insights and market intelligence
  • Stay ahead of the curve with spotlights on emerging trends and technologies
  • Receive breaking news stories straight to your inbox in the daily newsletters
  • Make smart business decisions with the latest developments in regulation, investing retirement and protection
  • Members-only access to the editor’s weekly Friday commentary
  • Be the first to hear about our events and awards programmes

Join

 

Already a Professional Adviser member?

Login

More on Pensions

Rachel Vahey: Pension savers need stability, not another panic-fuelled tax raid

Rachel Vahey: Pension savers need stability, not another panic-fuelled tax raid

'Real-world consequences of allowing pension tax speculation to run unchecked'

Rachel Vahey
clock 05 October 2026 • 3 min read
Triple lock played 'important role' but it would 'always need to end'

Triple lock played 'important role' but it would 'always need to end'

Pensions industry reacts to triple lock change

Holly Roach
clock 30 September 2026 • 4 min read
Triple lock changes welcome but 'cannot solve' national care problem

Triple lock changes welcome but 'cannot solve' national care problem

‘The sooner the government comes clean on these plans the better’

Sophia Panayi
clock 30 September 2026 • 6 min read