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Helping members run their schemes, December 2024 Update
02 December 2024, Blog
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 ...
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Pension funds back Mansion House reforms in joint letter to Chancellor
29 November 2024, Press Release
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....
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It's time to renew your membership
27 November 2024, Blog
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...
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Multi-employer CDC consultation success depends on striking the right balance
25 November 2024, Press Release
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...
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Mansion House proposals a positive set of ambitions
14 November 2024, Press Release
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...
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A day in my life at trustee training
12 November 2024, Blog
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...
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Helping members run their schemes, November 2024 Update
11 November 2024, Blog
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...
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PolicyWatch Special Edition - Autumn Budget 2024
30 October 2024, News
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...
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PLSA comments on Budget impact on pensions
30 October 2024, Press Release
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...
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PLSA calls for urgent DWP action to remedy issues arising from Virgin/NTL case
25 October 2024, Press Release
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 ...
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