A different financial services business

A different financial services business

Profit for people, not shareholders β€” over Β£30m a year returned to our members

We're the not-for-profit behind The People's Pension, the UK's largest commercial master trust. For 80 years we've put customers before profit, looking after the workplace savings of more than one in five UK workers.

Profit for people

Profit for people

No shareholders, ever

We have no shareholders, so profits go back to members β€” over Β£30m a year through the savings reward and management charge rebate.

80 years of heritage

80 years of heritage

Scale you can trust

Β£40bn+ under management, 100,000+ employer accounts and one in five UK workers saving with us. Steady since 1942.

Straightforward by design

Straightforward by design

Plain English, simple charges

Simple charges, jargon-free communications and inclusive formats. We explain pensions like a conversation, not a contract.

Effortless for employers

Effortless for employers

Less admin, less risk

Quick scheme set-up, payroll integration and online tools that cut pension admin time and keep your statutory duties covered.

Trusted by 100,000+ employers

Trusted by 100,000+ employers

From corner shops to national names

Northbridge Care Group Β· Halliwell Construction Β· Brightside Retail Group Β· Meridian Logistics UK Β· Castleford Community Health Β· Wren & Marlow Accountants

The People's Pension

The People's Pension

UK's largest commercial master trust

One workplace pension for every size of employer, with a responsible default fund and more than Β£40bn looked after for members.

Auto-enrolment made simple

Auto-enrolment made simple

Compliance without the headache

We assess your workforce, handle re-enrolment every three years and keep your records ready for The Pensions Regulator.

Payroll integration and tools

Payroll integration and tools

Built for busy payroll teams

Connect your payroll, upload data in a few clicks and manage the whole scheme online. Less admin, fewer errors.

Member app and planning tools

Member app and planning tools

Your pension in your pocket

Check your pot, switch investments and plan a retirement date from your phone, with calculators written in plain English.

Β£40bn+

Β£40bn+

Assets under management

Members' savings we look after on behalf of more than one in five UK workplace pension savers.

6.5 million

6.5 million

Members saving with us

People building a retirement pot with The People's Pension, from first jobs through to final pay packets.

100,000+

100,000+

Employer accounts

Businesses of every size and sector trust us with their workplace pension and their auto-enrolment duties.

Β£30m+ a year

Β£30m+ a year

Returned to members

Handed back through our savings reward and management charge rebate, because we have no shareholders to pay.

Priya Raman

Priya Raman

HR Director, Northbridge Care Group

β€œAuto-enrolment used to eat a day a month. Now payroll talks to the pension automatically and I barely think about it.”

Dan Whitfield

Dan Whitfield

Payroll Manager, Halliwell Construction

β€œSetting up 240 people took an afternoon. The online tools are plain English, and support actually answers the phone.”

Michelle Osei

Michelle Osei

Member, Brightside Retail Group

β€œI finally understand my pension. The app shows what I've saved and what it could be worth, with no jargon.”

Latest Insights

Latest Insights

Research, policy views and press releases from the not-for-profit team behind The People's Pension

Why 'Profit for People' Changes What a Pension Can Do

Most pension providers have two sets of people to answer to: the savers whose money they look after, and shareholders.

Policy & Research · Helen Marsden · 12 March 2026

Closing the Gender Pensions Gap – What Really Has to Change

The gender pensions gap is one of the most stubborn facts in UK retirement saving. Women arrive with markedly less.

Fairer Pensions · Priya Raichand · 2 April 2026

Measuring the Ethnicity Pensions Gap – Why the Data Matters

Ask the pensions industry about the gender pensions gap and they quote a figure. Ask about ethnicity and get silence.

Fairer Pensions · Naomi Adeyemi · 28 April 2026

See how simple a pension can be

See how simple a pension can be

Book a 15-minute walkthrough of our employer tools

Fifteen minutes with our team is usually enough to show how quickly you can set up a scheme, connect your payroll and hand the admin to us.