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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
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
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
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
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
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
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
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
PLSA Chair Emma Douglas spoke to PLSA correspondent Emma Walden at PLSA Annual Conference 2024. For more interviews from our 2024 Annual Conference in Liverpool, including Harriet Harman, Linda Yeuh, Iona Bain and Paul Watson, visit o... Read more
In its submission to the FCA’s CP24/16 Value for Money Framework consultation, the PLSA acknowledged the depth and technicality of the consultation and welcomed the extensive engagement the regulator has had with industry to date. How... Read more