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Gregg McClymont joins PLSA Board as Independent Non-Executive Director 09 July 2024, Press Release The former Labour politician, who was UK Shadow Pensions Minister 2011-15, joins at a pivotal time for pensions, with all sides of politics committed to a greater role for pension funds in supporting UK economic growth. McClymont is c... Read more

First 100 days of government: support the Local Government Pension Scheme 03 July 2024, Blog The Local Government Pension Scheme is a unique player in the UK pensions market. With assets totalling more than £425 billion, the LGPS is the largest DB pension scheme in the UK and one of the biggest in the world. Not only is it un... Read more

Helping members run their schemes, July 2024 update 02 July 2024, Blog The good news for those of you who are less ‘politico’ than me is that it’s almost all over. In a week’s time, we should know what the new Government looks like and – most probably – the identities of key Ministers in ‘pensions-facing... Read more

First 100 days of government: helping bridge the pensions and growth gap 26 June 2024, Blog Strong growth is the foundation of a thriving economy and society and there are a variety of policy measures that governments can adopt to secure higher growth. While fiscal and monetary policies are the preeminent mechanisms for driv... Read more

First 100 days of government: support well run DB schemes 19 June 2024, Blog Despite a shift in occupational pension provision from DB to DC schemes in recent years, DB schemes remain of vital importance to millions of savers in providing a retirement income and to the wider economy through investments in the ... Read more

LOCAL GOVERNMENT PENSION SCHEME BRACED FOR SIGNIFICANT REFORMS OVER NEXT DECADE BUT UNCERTAIN ON WHAT THE FUTURE HOLDS 18 June 2024, Press Release The Local Government Pension Scheme (LGPS) is the national pension scheme for people working in local government or working for other employers that participate in the scheme. It is the largest funded defined benefit (DB) pension sche... Read more

First 100 days of government: Support adequate pension saving 12 June 2024, Blog Thanks to automatic enrolment (AE), 19.4 million people who had not previously saved into a pension scheme are now setting money aside for their retirement. While AE has been successful in getting millions more saving for retirement, ... Read more

PLSA PUBLISHES INTRODUCTORY GUIDE TO LGPS FOR NEW COUNCILLORS 06 June 2024, Press Release The LGPS is the largest funded defined benefit (DB) pension scheme in the UK, and one of the biggest in the world. It has 7.1 million members, over 15,500 employers, and assets totalling more than £425 billion. Published ahead of the ... Read more

First 100 days of Government: help savers navigate choices at retirement 05 June 2024, Blog Until 2015, accessing your pension meant – for most people – converting a pot of money into a guaranteed income for life. But since the pension freedoms were introduced, over 55s have had a much wider choice over what to do with their... Read more

Helping members run their schemes, June update 03 June 2024, Blog While there will certainly be some continuity regardless of who wins (e.g. on the ‘Pensions and Growth’ agenda) the parties have very different policies in other areas (think Lifetime Allowance, for example). From the PLSA’s perspecti... Read more

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