Archive

Hitting the target project

The Hitting the Target project was set up by the PLSA in February 2017. The purpose is to assess the success of current UK policy and practices with regard to helping everyone achieve adequate outcomes in retirement, taking account of the range of assets which might be used to finance retirement, and to make proposals on how policy and practices should be changed in order to improve outcomes....

Automatic Transfers

Millions of people will be saving for their retirement due to automatic enrolment. But some of these will only be contributing small amounts and may change jobs frequently, meaning that they move between pension schemes. Estimates...

Retirement Income Adequacy

The Pensions and Lifetime Savings Association (PLSA) has published new research analysing the incomes different UK generations can expect in retirement. Retirement Income Adequacy: Generation by Generation reveals that...

Costs, Charges and Governance in DC Schemes

Thanks to automatic enrolment, an estimated 6-9 million additional people will be saving into a workplace pension over the next few years. It is crucial that these schemes are well-des...

Automatic Enrolment

Automatic enrolment is showing early signs of being a real policy success. 7 million new savers have been drawn into pension saving and the majority of these new savers are saving into master trusts wit...

Cost Capital and Charges Research

To support our policy work around the development of good quality Defined Contribution (DC) pensions for savers, we are currently undertaking research to identify the major drivers of cost in operating a DC pen...

Retirement and the pension freedoms

In the 2014 Budget the Chancellor gave people more freedom in how they access their pension funds at retirement. Since the pension freedoms came into full effect in 2015, individuals have been able to withdraw their s...

Independent Retirement Savings Commission

In our Manifesto, Pension Possibilities, we called on government to set up an Independent Retirement Savings Commission – an advisory, non-legislative body that ...

Master trust regulation

Master trusts have taken the bulk of the 7 million new savers drawn into pension saving by automatic enrolment. But the consumer protections offered to members of master trusts can be weak if and when schemes encounter difficulties and ...

The pensions dashboard

The pensions dashboard is one of the most ambitious engagement projects that the pensions industry has undertaken. Following a recommendation from the Financial Advice Market Review in March 2016 , the creation of ...