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LOCAL GOVERNMENT PENSION SCHEME BRACED FOR SIGNIFICANT REFORMS OVER NEXT DECADE BUT UNCERTAIN ON WHAT THE FUTURE HOLDS 18 June 2024, Press Release The Local Government Pension Scheme (LGPS) is the national pension scheme for people working in local government or working for other employers that participate in the scheme. It is the largest funded defined benefit (DB) pension sche... Read more

First 100 days of government: Support adequate pension saving 12 June 2024, Blog Thanks to automatic enrolment (AE), 19.4 million people who had not previously saved into a pension scheme are now setting money aside for their retirement. While AE has been successful in getting millions more saving for retirement, ... Read more

PLSA PUBLISHES INTRODUCTORY GUIDE TO LGPS FOR NEW COUNCILLORS 06 June 2024, Press Release The LGPS is the largest funded defined benefit (DB) pension scheme in the UK, and one of the biggest in the world. It has 7.1 million members, over 15,500 employers, and assets totalling more than £425 billion. Published ahead of the ... Read more

First 100 days of Government: help savers navigate choices at retirement 05 June 2024, Blog Until 2015, accessing your pension meant – for most people – converting a pot of money into a guaranteed income for life. But since the pension freedoms were introduced, over 55s have had a much wider choice over what to do with their... Read more

Helping members run their schemes, June update 03 June 2024, Blog While there will certainly be some continuity regardless of who wins (e.g. on the ‘Pensions and Growth’ agenda) the parties have very different policies in other areas (think Lifetime Allowance, for example). From the PLSA’s perspecti... Read more

Bringing people together 30 May 2024, Viewpoint Welcome to the second edition of Viewpoint for 2024, which – as well as covering the latest pensions news – reveals a very exciting development for members: the launch of the new member area of the PLSA website. “Technology is best wh... Read more

PLSA outlines pensions priorities for first 100 days of next Government 23 May 2024, Press Release The PLSA has identified specific actions for the incoming Government in the following areas: supporting adequate pension saving, helping savers navigate choices at retirement, supporting well-run defined benefit schemes, bridging the ... Read more

Introducing the new PLSA member area and community 14 May 2024, Blog The PLSA member area is the new place to bring the industry together and provide PLSA members with practical information and the chance to connect with each other. Log in to benefit from: An online community so you can share experienc... Read more

PLSA appoints new Policy Committee members 03 May 2024, Press Release The PLSA’s four Policy Committees focus on specific policy issues for Defined Contribution, Defined Benefit, Local Authority and Master Trust pensions, giving representation to PLSA members from these sectors in policy development. Th... Read more

PLSA Director of Policy and Advocacy, Nigel Peaple, to move to Chief Policy Counsel Role 02 May 2024, Press Release After eight years at the PLSA, including six as Director of Policy & Advocacy, Nigel has decided to step back from full-time work and to instead switch to working on a part-time basis. Nigel was also Director of Policy for five years ... Read more

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