Sector Group
Life & Pensions
“Scotland has a strong life and pensions sector, playing a vital role in helping people plan for and protect their financial futures. Our focus will be on working together across the industry to address key issues, including pension reform, targeted support and the impact of advances in data science and AI on the sector.”
Chair: Jenny Holt, Standard Life
Objective
To bring together SFE members to address shared priorities, strengthen Scotland’s life and pensions sector and support positive outcomes for customers and the wider economy.
Strategic Focus
Responding to pensions reform
Work with industry colleagues to understand developments in pensions policy and regulation and what they mean for Scotland’s life and pensions sector.
Shaping targeted support
Help shape the development of targeted support so that it works effectively for life and pensions providers and delivers positive outcomes for customers.
Supporting the advice and guidance agenda
Contribute to work on the advice/guidance boundary alongside the Wealth Management and Banking Groups.
Supporting older and vulnerable customers
Explore how the industry can better support older and vulnerable customers, including work around Power of Attorney, early intervention and longevity.
2026 Priorities
Regulatory thought leadership
Bring together industry expertise to contribute to key regulatory and policy discussions affecting the life and pensions sector.
Power of Attorney and early intervention
Explore how providers can better support customers through Power of Attorney arrangements and earlier intervention where additional support may be needed.
Longevity
Develop industry thinking around longevity and what changing customer needs could mean for the future of life and pensions.
Activity
Advice and guidance roundtable
Held a roundtable with Burness Paull to explore developments in advice and guidance and their implications for providers and customers.
Cross-sector collaboration on advice and guidance
Working with the Wealth Management and Banking Groups on advice and guidance regulation, targeted support and other shared priorities.
Regulatory alignment
Held a roundtable with the FCA, The Pensions Regulator and the Department for Work and Pensions to explore areas of current and potential misalignment across policy and regulation.
Members
Cross-Group Collaboration
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