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14 November 2024, Press Release Zoe Alexander, Director of Policy and Advocacy at the PLSA, said: “The UK pension system is the most sophisticated and mature in the world and our schemes play an essential role in supporting the UK economy. Today’s reform proposals a... Read more
12 November 2024, Blog I joined the PLSA only recently. As someone who hadn’t worked in pensions before, I didn’t know my DB (defined benefit) from my DC (defined contribution). I knew what an annuity was, but not how a trustee and a fund interacted, and as... Read more
11 November 2024, Blog I am writing between two major political set-pieces: the Budget, which proved less far-reaching for pensions than many had expected; and this Thursday’s Mansion House Speech, which looks set to make up for that - if our team’s reading... Read more
30 October 2024, News The first Labour Budget in 14 years saw the Chancellor focus on building economic stability and delivering on growth. Whilst pensions tax relief speculation had been ramping in the days prior to the Budget, from a pensions policy pers... Read more
30 October 2024, Press Release Nigel Peaple, Chief Policy Counsel at the PLSA, said: “Contrary to the many rumours that the Budget would undermine pension saving by reducing or removing fiscal support to pensions in general, we were very pleased to see that this di... Read more
25 October 2024, Press Release In a case involving Virgin Media and NTL in June 2023, the High Court ruled that a lack of evidence of actuarial confirmation would render relevant amendments to affected contracted-out DB pension schemes’ rules invalid and void. The ... Read more
24 October 2024, Press Release Minister for Pensions Emma Reynolds recently announced the Pensions Dashboards Programme (PDP) will be prioritising work on the launch of the MoneyHelper dashboard service before turning to the work of connecting commercial dashboard ... Read more
24 October 2024, News In this PolicyWatch, we update members on the PLSA responses to the Pension Protection Fund (PPF) levy rules consultation for next year, as well as the Financial Conduct Authority (FCA) Value for Money consultation. On the Pensions Re... Read more
24 October 2024, Press Release The value of lost pension pots in the UK has risen by 60% since 2018 3.3 million pension pots are now considered lost, at an average sum of £9,470 Visit pensionattention.co.uk today to use the free pension tracing tools The study car... Read more
23 October 2024, Press Release The PPF has sought industry feedback on its plans to maintain the levy at the current level of £100m. In its response to the consultation, the PLSA argues this level is difficult to justify given that improvements in funding levels an... Read more
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