Here are the latest publicly available updates on The People’s Pension as of now:
-
The People’s Pension has grown to multi-£30s billions in assets, with communications in 2024 noting £30bn AUM and plans toward £50bn in the coming years, reflecting continued scale and member growth. This milestone was highlighted by The People’s Pension’s trustees and leadership, emphasizing the fund’s growing size and its potential for better diversification and services for members.[1][3]
-
In 2025, statements from the People’s Partnership indicated ongoing expansion into private markets, aiming to allocate a portion of the fund’s assets to private assets to enhance diversification and resilience for savers, with a target to reach around £4bn in private market investments by 2030. This aligns with leadership’s view that a larger, more diversified portfolio supports savers and the UK economy.[2]
-
The fund continues to publish annual reports and guides for employers and members, documenting membership growth (e.g., from about 6.2m to 6.6m in a recent year) and asset growth (e.g., from £20.2bn to £26.4bn in a prior year), and outlining changes to retirement ages and benefits where applicable. Regular updates emphasize improvements in tools, default options, and retirement planning guidance.[3][4]
-
In 2025, industry coverage highlighted a rework of pre-retirement strategies within the default fund and ongoing focus on sustainable/investment governance practices, including appointing managers with an emphasis on responsible investment. This suggests a continued emphasis on long-term value for members and alignment with sustainability considerations.[5][7]
-
For practical, member-facing information, The People’s Pension maintains guides and insights on their site, including retirement planning, contributions, tax, and transfers, which can be useful for current and prospective savers seeking to understand benefits and options within the scheme.[6][8]
If you’d like, I can pull more precise figures (e.g., latest AUM, member counts, and recent investment allocations) or provide a short summary of the most recent annual report. I can also fetch the latest employer or member-facing updates if you specify which aspect you care about (growth, investment strategy, or retirement planning).
Citations:
- The People’s Pension asset growth and milestones:[1]
- Private markets strategy and 2030 target:[2]
- Membership and asset growth in annual reports:[4][3]
- Pre-retirement strategy and sustainability focus:[7][5]
- Guides and insights for members:[8][6]
Sources
working towards being able to connect in time for the programme’s expected deadline of April 2025. We’ll also continue to take a close interest in improving the tools that help members approaching retirement to clarify their options. And we’ll continue working with People’s Partnership, particularly the Investment team, on the journey to … Some benefits may be available earlier than age 55 when retiring on ill-health grounds. The normal minimum pension age will rise to 57 from April 2028 and...
thepeoplespension.co.ukRead our latest news, updates and research here. Learn more from our guides, including pension tax, contributions, retirement, auto-enrolment, transfers and much more.
www.peoplespension.co.ukDiscover what’s new and happening in our world. On this page you'll find key updates, announcements, and useful information.
www.ppf.co.ukLargest commercial master trust unveils tool to help members manage sustainable withdrawals in retirement
www.gbnews.comThe People’s Pension now has £30bn of assets under management, as it expect to reach the £50bn mark within the next five years
corporate-adviser.comUK's largest private sector workplace pension scheme appoints Amundi and Invesco to manage investments 'with a focus on responsible investment'
www.businessgreen.comPeople’s Pension has reworked its strategy in the £6bn pre-retirement option of its default fund.
www.professionalpensions.comThe People’s Pension news and insights, support and guidance.
thepeoplespension.co.ukChair’s Review The People’s Pension has continued to grow on all fronts. Membership rose from 6.2m to 6.6m in the year, while employer accounts increased from 105,000 to 107,000 and assets under management grew from £20.2bn to £26.4bn. The value of contributions … Some benefits may be available earlier than age 55 when retiring on ill-health grounds. The normal minimum pension age will rise to 57 from April 2028 and will apply to members who joined the Scheme (without age protected benefits)...
peoplespartnership.co.uk