In October 2016 we decided that, a year after renaming the Association to reflect the changing world of retirement savings, we should make sure we continue to have the right structure in place to run the PLSA effectively and make policy that works for our members. Since then, members of the PLSA’s Board and executive have been looking at alternative models for governance and proposed a series of changes.
The first of these was to introduce new Articles of Association, which was approved by members at our AGM on 20 October 2017.
We’re consulting members on two further proposals that we hope to introduce in October 2018:
- Create a new Policy Board and associated selection process to provide strategic oversight of our policy and advocacy work.
- Change the composition and appointment process of the Board to give us access to a more diverse range of skills and increase Board stability.
These changes are explained in the consultation document that you can download here or at the bottom of this page. We believe they will give the PLSA a more modern, forward-looking and effective governance structure, with more stability and strategic oversight, and give the Board the ability to be more responsive to members’ needs. They will also help us achieve our aim to create an open PLSA.
Neither of the changes will happen without the support of our members. We want to know what you think and whether there are any other ways we could tackle the challenges with the current structure that we set out in the consultation.
The consultation closes at 5pm on Friday 5 January 2018.
You can respond by email to Edward Bogira, Chief of Staff Edward Bogira, if you have any questions.
Please also contact Edward, or your account manager at the PLSA, if you want to talk through the proposals.
Download the PLSA governance review consultation document: