The Pensions and Lifetime Savings Association (PLSA) is calling for experts from the pensions sector to apply for roles on its Policy Board and Policy Committees.
Formed in 2018, responsibility for the policy positions of the PLSA sits with the Policy Board but they have the authority to delegate decision-making to the relevant Policy Committees. The PLSA executive consults both the Policy Board and Policy Committee for their views on all relevant policy matters.
After appointing John Chilman, Chief Executive of Railpen, as the new Policy Board Chair in October 2021, the PLSA is now looking to appoint four Policy Board members and is seeking senior and experienced pension experts from within the PLSA’s membership.
The PLSA Policy Board will encompass between 15 and 20 participants from across the PLSA’s membership, in particular Pension Funds from the DB, DC, LGPS, and Master Trust sectors, as well as Business Members such as Employee Benefits Consultants and Law Firms.
The Policy Board will meet four times in 2022, with the first meeting taking place on Wednesday 23 March 2022. The Policy Committees will each meet three times during the year. In all cases, members will be consulted on policy issues, in writing, in between formal meetings.
The Policy Board will focus on adequacy, pensions dashboards, investment and stewardship, DB funding, DC decumulation and strategic LGPS issues in 2022. The PLSA looks forward to providing more detail on policy priorities later in January.
The PLSA is also recruiting for between 15 and 26 PLSA members to join our Policy Committees: the DB Committee, the DC Committee, the Master Trust Committee, and the Local Authority Committee.
The vacancies have arisen due to a number of people coming to the end of their three-year terms and due to people changing jobs or roles.
The deadline for applications is Monday 31 January 2022. To find out the criteria for selection and how to apply, visit the PLSA website.
John Chilman, Chair, PLSA Policy Board, said: “The Policy Board is an important and influential body which plays a crucial role in setting the PLSA’s policy agenda and positions, ensuring the PLSA is tackling the issues that matter most to our members.
“Over the past 12 months the PLSA’s policy work has helped set out the views of the industry. This included explaining to Treasury why a reform of pensions tax relief would result in more big losers than big winners, how our Guided Retirement Income Choices framework could support DC savers at retirement, and providing guidance to the industry on new regulatory requirements on TCFD and pensions dashboards. We also responded to 48 government consultations over the year!
“It is therefore vital that this work continues and to do this we must recruit skilled people from a range of pension backgrounds to ensure the PLSA fulfils its role of ensuring our members’ views – and those of their savers – are heard by decision makers on key retirement income issues.”
Mark Smith, Senior PR Manager
020 7601 1726 | [email protected]
Steven Kennedy, Senior PR Manager
020 7601 1737 | 07713 073024 | [email protected]