PLSA outlines pensions priorities for first 100 days of next Government
23 May 2024
The PLSA has identified specific actions for the incoming Government in the following areas:
- supporting adequate pension saving,
- helping savers navigate choices at retirement,
- supporting well-run defined benefit schemes,
- bridging the pensions and growth gap, and
- supporting the Local Government Pension Scheme (LGPS).
Nigel Peaple, Director Policy & Advocacy, PLSA, said: “Workplace pensions are a vital part of the UK economy. They provide an essential retirement income for millions of workers and drive growth by investing over £1 trillion in our Government and economy. Today more people are saving into workplace pensions, and they have more freedom over how to use their savings. But the future remains uncertain as people are not saving enough for retirement.
“The next Government must do everything it can to help everyone reach a good income in retirement. We have identified five key areas of the UK pensions system where we would like a new government to take action on quickly, within the first 100 days of government, to better secure the financial futures of millions of savers.”
Click to download Pension Priorities for the First 100 Days of a New Government.
Mark Smith, Head of Media Relations
020 7601 1726 | [email protected]
Cali Sullivan, PR Manager
020 7601 1761 | [email protected]