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Helping members run their schemes, January 2025 Update
13 January 2025, Blog
It is a pleasure to wish all our members a Happy New Year. We start with some ‘news just in’ as I write this - HM Treasury’s very welcome decision to maintain the pension scheme exemption from central clearing – not just for a year or...
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THE PLSA'S Retirement Living Standards' Christmas Hamper
24 December 2024, Press Release
These standards are based on independent research and extensive consultations with the British public. To make these standards more relatable and encourage engagement with retirement savings, we’ve created examples of Christmas hamper...
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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...
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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...
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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...
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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...
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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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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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