The Pensions Education Fund
What is the Pensions Education Fund?
The Pensions Education Fund is an initiative which aims to increase financial awareness among working people - both employees and the self employed - to help them make better plans for their retirement.
The fund is aimed at not-for-profit organisations, who will use the money to develop innovative ways to engage with working people about pensions and retirement planning - giving them the information they need to help them to make their own decisions about their retirement.
The Fund is administered by the Department for Work and Pensions (DWP) and funding has been determined on a competitive basis with allocation of funds being based on:
- the quality of proposals received,
- the relevance of those proposals,
- the extent to which the proposals meet the aims and objectives outlined in the application pack, and
- the necessity to ensure a reasonable geographic distribution of activity, to engage with a range of partners in delivering initiatives, a variety of innovative approaches and to avoid duplication and overlap.
Funding is available up to March 2008.
Local and national applications were invited from trade unions, trade associations, charities and voluntary sector bodies and other not-for-profit organisations throughout the UK..
Applications needed to be submitted to the DWP between Monday 4 June and 12 noon Friday 2 September 2005.
NB: The application period has now closed and no further applications will be accepted.
Contracts awarded
All applications for funding received within the specified bidding period were considered by an assessment panel. The assessment process is now complete and the organisations awarded contracts are:
- Age Concern (Birmingham)
- Age Concern (Camden)
- Age Concern (Ealing)
- Age Concern (England)
- British Chambers of Commerce
- Campaign for Learning
- Community - The union for life
- Council for Voluntary Service (Northampton)
- General Federation of Trade Unions
- Golden Gates Housing
- Humber & Wolds Rural Community Council
- National Association of Pension Funds
- National Institute of Adult Continuing Education
- North Liverpool Citizens Advice Bureaux
- Pakistan Pendle Welfare Association
- PRIME
- QED - UK
- Royal Bath & West of England Society
- Royal National Institute of the Blind
- Sahara Communities Abroad
- Scottish Transport Credit Union
- The Life Academy (formerly The Pre-retirement Association)
- Toynbee Hall
- Trades Union Congress
- Union of Shop, Distributive and Allied Workers
- Women’s
Employment Education Training Unit
Contact Us
For further information or if you have any queries please contact:
Email: PensionsEducationFund@dwp.gsi.gov.uk
Or write to:
The Pensions Education Fund
Room BP9158
Department for Work and Pensions
Benton Park View
Newcastle upon Tyne
NE98 1ZZ
Related links
- www.directgov.gov.uk/over50s (January 2006)
- DWP Five Year Strategy: Opportunity and security throughout life (February 2005)
- Command Paper 5677: DWP, Simplicity, security and choice: Working and saving for retirement (December2002)
- Command paper 5835: DWP, Simplicity, security and choice: Working and saving for Retirement Action on Occupational Pensions (June 2003)
- Command paper 6111: DWP, Simplicity, security and choice: Informed choice working and saving (February 2004)
- DWP Principles for reform The National Pensions Debate (February 05)
- DWP Research Report 193: Public attitudes to pensions and savings for retirement (July 2003)
- DWP Research Report 194: Saving and Life Events (October 2003)
- DWP Research Report 199: Pension scheme changes and retirement policies. An employer and employee perspective (November 2003)
- DWP Research Report 200: Factors Effecting the Labour Market Participation of Older Workers
- DWP Research Report 207: Employers Pension Provision Survey 2003 (March 2004)
- DWP Research Report 208: Working After State Pension Age (May 2004)
- Effective means of conveying messages about pensions and saving for retirement