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New study shows potential for low earners to be safely auto-enrolled in workplace pension – but more analysis needed
02 August 2023
The PLSA commissioned the Pensions Policy Institute (PPI) to examine the profiles of employees earning less than £10,000 to investigate whether automatic enrolment could provide a way of improving their retirement outcomes. The £10,00...
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Industry prepares to urge nation to ‘Pay Your Pension Some Attention’ again
01 August 2023
PLSA and ABI team up for year two of #PensionAttention campaignThe 2023 campaign, backed by 13 providers, aims to prompt action and inspire behaviour change among hard to reach 30-55 year olds Last year, 19% of people recalled the ...
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LGPS staff positive about working for scheme but regulatory burden and resourcing remain a challenge
27 July 2023
While the vast majority of employees are positive about their experience working within the Local Government Pension Scheme (LGPS), a survey conducted by the Pensions and Lifetime Savings Association (PLSA) shows they have concerns ab...
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PLSA comments on Mansion House Reforms
11 July 2023
Nigel Peaple, Director of Policy and Advocacy at the PLSA said: “The Government has engaged with the pension industry over many aspects of the proposals announced today. It is important and very welcome that pension schemes’ ability t...
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Pension reforms include major steps forward, but other elements require careful scrutiny
11 July 2023
The comprehensiveness of the package indicates the importance of getting the pensions system right for the long-term financial well-being of the UK population. DC Decumulation The UK’s pension system has been transitioning from DB to ...
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PLSA comments on the Pensions Regulator's Value for Money assessment survey
04 July 2023
Joe Dabrowski, Deputy Director of Policy, PLSA, said: “All savers deserve to belong to a scheme that has high standards of governance. It is disappointing to see a lack of engagement with TPR’s value for money assessments, particularl...
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PLSA PUBLISHES RESPONSE TO THE FCA PRIMARY MARKETS CONSULTATION
28 June 2023
Due to concerns around the long-term decline in number of UK listed companies, which has fallen by 40% since 2008, the FCA launched a consultation proposing to replace standard and premium listing share categories with a single listin...
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PLSA publishes new guide and resources for the Local Government Pension Scheme and participating employers
27 June 2023
The Pensions and Lifetime Savings Association (PLSA) has published a new guide for employers participating in the Local Government Pension Scheme (LGPS), and an additional resource to help LGPS professionals and external stakeholders ...
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PLSA publishes guidance for pension schemes to help savers with higher cost of living
22 June 2023
These include a new cost of living hub on the PLSA website and a guide for schemes, ‘Supporting Savers Through the Cost of Living Crisis: A Resource for Schemes.’ The cost of living increased sharply in the UK in 2021 and 2022, with t...
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PLSA comments on Phoenix recommendations for state pension
20 June 2023
Alyshia Harrington-Clark, Head of DC, Master Trusts and Lifetime Savings at the PLSA, said: “There is much to support in Phoenix’s contribution to the debate on how to ensure people have enough income when they retire. The PLSA’s anal...
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