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PLSA publishes responses to raft of Mansion House consultations 05 September 2023, Press Release Helping Savers Understand their Pension Choices Key points: The PLSA has long argued for a policy solution to protect savers who don’t engage with their at-retirement choices from poor outcomes. We strongly support the government’s pr... Read more

Helping Members run their schemes, September 2023 update 04 September 2023, Blog Providing comments, briefing journalists and trying to ensure the media debate about pensions is ‘well informed’ (not always easy....) are all part of the PLSA’s role as ‘the voice of workplace pensions’, so I was pleased to hear we a... Read more

Helping Members run their schemes, August 2023 update 04 August 2023, Blog Alas, the reality feels rather different, since many of you – and certainly my colleagues in the PLSA’s Policy team – will be busy digesting the array of pensions-related consultations published a fortnight ago under the banner of the... Read more

New study shows potential for low earners to be safely auto-enrolled in workplace pension – but more analysis needed 02 August 2023, Press Release The PLSA commissioned the Pensions Policy Institute (PPI) to examine the profiles of employees earning less than £10,000 to investigate whether automatic enrolment could provide a way of improving their retirement outcomes. The £10,00... Read more

Industry prepares to urge nation to ‘Pay Your Pension Some Attention’ again 01 August 2023, Press Release PLSA and ABI team up for year two of #PensionAttention campaignThe 2023 campaign, backed by 13 providers, aims to prompt action and inspire behaviour change among hard to reach 30-55 year olds Last year, 19% of people recalled the ... Read more

Pension sharing on divorce - summary of survey results 28 July 2023, News The PLSA conducted a survey between April and May of this year to solicit industry feedback on our current recommended scale of charges, which is used by private sector occupational pension schemes that provide information to members ... Read more

LGPS staff positive about working for scheme but regulatory burden and resourcing remain a challenge 27 July 2023, Press Release While the vast majority of employees are positive about their experience working within the Local Government Pension Scheme (LGPS), a survey conducted by the Pensions and Lifetime Savings Association (PLSA) shows they have concerns ab... Read more

PLSA comments on Mansion House Reforms 11 July 2023, Press Release Nigel Peaple, Director of Policy and Advocacy at the PLSA said: “The Government has engaged with the pension industry over many aspects of the proposals announced today. It is important and very welcome that pension schemes’ ability t... Read more

The Mansion House reforms: steps forward, but careful scrutiny required 11 July 2023, News This morning the Minister for Pensions gave further detail and launched a series of consultations and calls for evidence on the reforms. The responses for this package are all due on 5 September. A DLUHC consultation closes on 2 Octob... Read more

Pension reforms include major steps forward, but other elements require careful scrutiny 11 July 2023, Press Release The comprehensiveness of the package indicates the importance of getting the pensions system right for the long-term financial well-being of the UK population. DC Decumulation The UK’s pension system has been transitioning from DB to ... Read more

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