Teachers in the UK see the Teachers’ Pension Scheme (TPS) as one of the profession’s biggest strengths, especially for attracting and retaining staff. However, research from Wesleyan Financial Services highlights a growing difference between the value teachers see in the scheme and how clear they are about the benefits they’ll get. In a survey of…
London, 6 November 2025: Financial education should be embedded within the maths curriculum, not left to Citizenship or PSHE, says Maike Currie, VP Personal Finance, PensionBee. The Curriculum and Assessment Review (2025) published this week highlights the importance of preparing young people for the real world and the need to teach the “fundamentals of money”…
The number of teachers opting out of the Teachers’ Pension Scheme (TPS) because they cannot afford to continue contributing has risen by more than two-thirds over the last year, new data has shown*. Figures from the Department for Education, analysed by specialist financial services mutual Wesleyan, revealed that 9,199 teachers across the UK…
Nearly half (48%) of teachers expect not to have enough money to fund their retirement Three quarters (75%) of teachers plan on leaving the profession before retirement age Nearly a third (29%) want to find other work outside of teaching (37%) of teachers will need to keep working in some form to fund retirement after…
