PLSA comments on government's Taylor review response

Following the publication of the full Government’s response to the Taylor Review – The Good Work Plan – the Pensions and Lifetime Savings Association (PLSA) has commented.

Tim Gosling, Policy Lead, Defined Contribution at the PLSA, said: 

“We welcome the Government’s response to the Taylor Review. By consulting on whether to redraw the line on who is deemed self-employed and who is a worker, it offers the prospect that some gig economy workers may in future benefit from a workplace pension. This is important and welcome as it will help to prevent employers wrongly categorising people as self-employed and therefore not eligible to be enrolled into a workplace pension.

“Today’s announcement will not, however, help solve the problem of how to involve the traditional self-employed in workplace pension saving. The Government acknowledges that more needs to be done and has committed to testing difference solutions for the self-employed over the coming year. We will continue to work closely with Government as well as the rest of the industry to look at options which will help this important and growing demographic to tackle the retirement savings challenge.” 

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PRESS CONTACTS

Lee Blackwell, Head of Media and PR, Pensions and Lifetime Savings Association 
T: 020 7601 1726, M: 07713 073023, E: [email protected]

Kathryn Mortimer, Press Officer, Pensions and Lifetime Savings Association
T: 020 7601 1748, M: 07901 007713, E: [email protected]

Eleanor Carric, PR Manager, Pensions and Lifetime Savings Association
T: 020 7601 1718, M: 07825 171 446, E: [email protected]