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If you ever need an example of what the PLSA does ‘behind the scenes’ on your behalf, then an event in the House of Commons this week surely is it. The case in point is the pensions ‘teach-in’ that my colleague Katy Little, who heads ... Read more
The Chancellor of the Exchequer, Rachel Reeves has responded to an open letter, led by the Pensions and Lifetime Savings Association (PLSA) and co-signed by industry leaders who between them manage over £400bn assets under management.... Read more
As we approach the end of the year, it's time to start thinking about your PLSA membership for 2025. Membership is essential for continuing to receive the fantastic benefits the PLSA offers. First, a big thank you for your continued s... Read more
As the Department for Work and Pensions (DWP) closes its consultation on regulations for multi-employer Collective Defined Contribution (CDC) schemes, the Pensions and Lifetime Savings Association (PLSA) has submitted its detailed res... Read more
Zoe Alexander, Director of Policy and Advocacy at the PLSA, said: “The UK pension system is the most sophisticated and mature in the world and our schemes play an essential role in supporting the UK economy. Today’s reform proposals a... Read more
I joined the PLSA only recently. As someone who hadn’t worked in pensions before, I didn’t know my DB (defined benefit) from my DC (defined contribution). I knew what an annuity was, but not how a trustee and a fund interacted, and as... Read more
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