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PLSA supports pause on PPF levy decision to allow time for necessary reform 12 December 2024, Press Release Under the current legislative framework, annual increases to the levy are capped at 25%. Consequently, the PPF had proposed imposing a levy of £100m on defined benefit pensions to allow for future increases should scheme funding stren... Read more

PLSA comments on FCA Advice-Guidance Boundary Review 12 December 2024, Press Release The Pensions and Lifetime Savings Association (PLSA) comments on the FCA’s Advice-Guidance Boundary Review. Zoe Alexander, Director of Policy and Advocacy at the Pensions and Lifetime Savings Association (PLSA) said: “We’re pleased to... Read more

PLSA recruiting pension experts to join Policy Board 11 December 2024, Press Release Formed in 2018, the Policy Board is comprised of experts across the PLSA’s broad membership. It guides and decides on the PLSA’s public policy positions with a remit stretching across all aspects of policy work on pensions and lifetim... Read more

Majority of pension funds have net zero commitment, but challenges persist in meeting climate and nature targets 04 December 2024, Press Release Net zero alignment: 65% have a net zero commitment in place; among the third who do not around one in five expect to implement one within five years. Challenges: 59% cite the lack of high-quality data, and 55% highlight uncertainty ar... Read more

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 ... Read more

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.... Read more

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... Read more

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... Read more

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... Read more

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... Read more

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