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DC funds A default method to consolidate small pots will help savers manage their retirement savings more easily and reduce costs. The Value for Money framework will help employers and schemes focus on overall value, rather than just ... Read more
Meanwhile, the Moderate and Comfortable standards have risen modestly, reflecting the impact of inflation across many expenditure categories offset by decreases in energy costs. This year, the cost of a Minimum Retirement Living Stand... Read more
‘Mega-May’ is the rather snappy title suggested by our Policy Director, Zoe Alexander, for the Policy Insights Webinar that I’ll be chairing on Wednesday. Zoe’s way with words is much sharper than mine and I think she’s really captur... Read more
The Pensions and Lifetime Savings Association (PLSA) sees the opportunity for better saver outcomes arising from these changes, but they must be carefully managed. Commenting on the Government’s response to a package of consultations,... Read more
The voluntary initiative, to be known as the Mansion House Accord, has been jointly led by the Association of British Insurers (ABI), the Pensions and Lifetime Savings Association (PLSA) and the City of London Corporation. It is aimed... Read more
I often use these emails to tell you about the engagement we do on your behalf with Ministers and Select Committees. We have now added an extra dimension to that work with the launch of a new All-party Parliamentary Group on Pensions.... Read more
A few months ago, I knew very little about pensions, so I attended the PLSA’s ‘Trusteeship – part 1: the theory’ and, having enjoyed it so much, wrote about my experiences and all the things that I learnt. When the opportunity came to... Read more
The PLSA acknowledges there are often benefits to consolidation. The eight existing pools themselves are the product of the consolidation of assets of 86 local authority Funds in England and Wales. In considering specific mergers, the... Read more
A PLSA survey found its members expect pension funds to have widely adopted AI by 2035 to enhance member engagement and communication strategies (79%), detect and prevent fraud (75%), improve data security (72%), personalise retiremen... Read more
With market volatility top of mind for many, we’ll be surveying members shortly on what it means for pension schemes, so keep a look out for that. In the meantime, James Walsh highlights a surprisingly common issue that can stop membe... Read more