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PLSA responds to DB Funding Code revisions
30 January 2024, Press Release
Nigel Peaple, Director of Policy & Advocacy at the Pensions and Lifetime Savings Association, said; "An initial reading of the new regulations suggest that DWP has listened to industry feedback and made some positive revisions to the ...
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No evidence lifetime provider model will help savers, but risks undermining automatic enrolment
24 January 2024, Press Release
The PLSA's response highlights backed by consumer research, about the potential impact of such a radical shift and urges a thorough, evidence-led examination before moving forward. Impact on automatic enrolment (AE) The ideas set out ...
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TWO-THIRDS OF EMPLOYEES DO NOT WANT TO CHOOSE THEIR OWN WORKPLACE PENSION PROVIDER
18 January 2024, Press Release
When given the choice, 69% of respondents expressed a preference for their employer to choose their workplace pension provider, as opposed to just under a third (31%) who would opt to make the decision themselves. This preference was ...
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Helping members run their schemes, January 2024 update
15 January 2024, Blog
As I write, the pre-General election skirmishing is already in full swing on the news, with the PM declaring his preference for an autumn poll and his opponents lambasting him for not going to the country much sooner. There will be pl...
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The gender pensions gap, cyber risk and securities fraud
10 January 2024, Blog
Defending against cyber-attacks, closing the gender pensions gap, and challenging securities fraud were the key issues tackled at the 2023 Local Authority Forum, hosted by the Pension and Lifetimes Savings Association last month [Dece...
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Welcome milestone for pension schemes as long-awaited General Code of Practice is published
10 January 2024, Press Release
Tiffany Tsang, Head of DB, LGPS and Investment at the Pensions and Lifetime Savings Association, said; “Today marks a welcome milestone for pension schemes as the long-awaited General Code of Practice is published. Good governance is ...
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PENSIONS’ ROLE IN UK GROWTH TOP STRATEGIC PRIORITY FOR PLSA
03 January 2024, Press Release
In 2023, after consulting with a wide range of pension providers, policymakers, think tanks and stakeholders, the PLSA made specific recommendations aimed at promoting further investment by suitable pension scheme in assets which can ...
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Helping members run their schemes, December 2023 update
11 December 2023, Blog
As you will know all too well, there are no ‘quiet times’ in the year any more. In the ‘good old days’ I am sure this was the point in December when things used to start winding down, but not any longer. We certainly have plenty going...
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Number of pension funds with net zero commitment continues to rise
29 November 2023, Press Release
The survey results have been published on the eve of COP28 and as pension professionals meet in London for the PLSA’s ESG Conference to explore the most recent developments in the quickly evolving responsible investment landscape and ...
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No evidence savers selecting own workplace pension fund would improve retirement outcomes
22 November 2023, Press Release
Nigel Peaple, Director Policy & Advocacy, PLSA, said: “Today’s Autumn Statement focussed heavily on pensions. There were some positives and some negatives. “We were pleased to see the Chancellor confirm he would increase the State Pen...
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