Saving and investing platform Moneybox has unveiled three new branded pension funds developed in partnership with European investment manager Amundi.
The new funds have service fees of 0.15%, capped at £150 a year, and a fund fee of 0.29%.
The firm said the launch comes as pension savings show early signs of momentum among younger workers.
Moneybox’s research found that while one in ten (11%) of UK adults plan to increase pension contributions in 2026, it rises to 17% for 25 to 35 year-olds and 19% for those aged 35 to 44, suggesting growing engagement earlier in working life.
It said engagement has increased year-on-year.
In 2025, 14% of 25 to 34 year-olds and 9% of 35 to 44 year-olds opened a private pension. Meanwhile, 16% of 25 to 34 year olds and 14% of 35 to 44 year-olds increased workplace pension contributions – both figures up 2% compared with last year.
The firm said overall appetite for pensions remains low, however. Last year, just 5% of the wider population set up a private pension and only 8% increased the amount they pay into their workplace pension.
Brian Byrnes, director of personal finance at Moneybox, said: “The launch of the Moneybox funds is a step forward in our ambition to become a lifelong wealth partner to millions across the UK.”
Moneybox said its three branded pension funds offer a choice of risk and return profiles, depending on customers’ life stages, categorised as follows:
- Moneybox Adventurous Fund: Higher risk with higher potential returns. May be suitable for those further away from retirement age.
- Moneybox Balanced Fund: Medium risk with a similar mix of growth and stability. May be suitable for those starting to approach retirement age.
- Moneybox Cautious Fund: Low risk with lower potential returns. May be suitable for those almost at retirement age.