All posts in Pensions

Possible pension changes would undermine the Armed Forces Covenant Forces Pension Society warns Government

Fears that the Government  may be considering a potential reduction in the pension Lump Sum Allowance (LSA) in the forthcoming budget have caused concern across the military community. The Forces Pension Society reports many of its 66,000 Members are expressing anxiety […]

Progress made on reducing Veterans’ Unclaimed Pensions!

Last year’s campaign launched by the Forces Pension Society and supported by the Office for Veterans’ Affairs working with the MoD, has begun to show tangible results. The latest AFPS Annual Report published in July, reveals a reduction in the […]

2024 AFCAS Research shows too many in Armed Forces still don’t understand the real value of their pension

The latest Armed Forces Continuous Attitude Study shows well under half (38%) of all those who responded (more than 9,000) expressed satisfaction with their pension.  Compared with the 2023 results, there has been a decrease in satisfaction across the board, with […]

The importance of ticking all the right pension boxes before you leave

Right now, there are so many considerations to take into account before deciding to leave, or, if you have already decided, fixing exactly when to go, if you can. Choosing the right departure date carefully can make a significant difference […]

A New Year Guide to the AFPS15 Remedy

In a New year statement Neil Marshall, CEO of the Forces Pension Society said: “One of the most significant pension challenges in the year ahead concerns the implementation of the AFPS15 Remedy (McCloud). Many of those serving, are in-scope for […]

FPS campaign stimulates Government focus on Veterans’ unclaimed pensions

The campaign begun by the Forces Pension Society to assist Veterans to claim their pension rights is gathering momentum. This is partly a result of the publication of the latest AFPS Annual Report (July 2023) showing the number of unclaimed […]

Forces Pension Society applauds government commitment to Armed Forces pensions

Announcing to its membership the Government’s 10.1% increase in Armed Forces pensions in payment, the Society stressed the importance of pensions in the contract with those serving their country. Maj Gen Neil Marshall, CEO of the Forces Pension Society, said: […]

Why is pension satisfaction improving?

Maj Gen Neil Marshall, CEO Forces Pension SocietyThe latest Armed Forces Continuous Attitude Survey published in May shows an increase in pension satisfaction across all three services. Not since 2012 have the figures shown such a positive picture. That said, […]

A New Year Message from Maj Gen Neil Marshall, CEO, FPS

Our vision at the Forces Pension Society is to enhance Armed Forces Pension clarity for our Members and influence policy, now and for future generations. With these objectives in mind, 2022 promises to be an extremely busy year for the […]

FPS launches three new Travel Insurance Policies for all ages

October 2021 sees the relaunch of the hugely popular Forces Pension Society Travel Insurance schemes, with three age and family-based options for Society Members. The Society has joined with Trinity Insurance Services, the military and veterans insurer, to bring these […]