The Pensions and Lifetime Savings Association (PLSA) has today (Friday) published its initial response to the UK’s decision to leave the European Union.
Joanne Segars, Chief Executive, Pensions and Lifetime Savings Association, commented:
“This result is an historic day for the UK and Europe.
“The ramifications for UK pensions of the UK's decision to leave the European Union will start to become clear over the coming weeks and months.
“Much will depend on the precise nature of our future relationship with the EU, which may mean that some aspects of UK pension provision continue to be influenced by the EU. In other areas, UK pension law may need to be disentangled from EU legislation.
“The PLSA will continue to play a leading role in ensuring the pension fund perspective is clearly heard and understood in the uncertain times ahead to ensure that the needs and interests of pension funds and millions of pension savers are protected.
“It is essential that the UK government and policymakers in Brussels now act swiftly and decisively to manage current volatility and announce a clear plan to renegotiate our future relationship with the EU.”
NOTES TO EDITORS:
PENSIONS AND LIFETIME SAVINGS ASSOCIATION
We’re the Pensions and Lifetime Savings Association, the national association with a ninety-year history of helping pension professionals run better pension schemes. With the support of over 1,300 pension schemes and over 400 supporting businesses, we are the voice for pensions and lifetime savings in Westminster, Whitehall and Brussels.
Our purpose is simple: to help everyone to achieve a better income in retirement. We work to get more money into retirement savings, to get more value out of those savings and to build the confidence and understanding of savers.
Lucy Grubb, Head of Media and PR, Pensions and Lifetime Savings Association
T: 020 7601 1726, M: 07713 073 023, E: [email protected]
Eleanor Carric, PR Manager, Pensions and Lifetime Savings Association
T: 020 7601 1718, M: 07825 171 446, E: [email protected]
Kathryn Mortimer, Press Officer, Pensions and Lifetime Savings Association
T: 020 7601 1748, M: 07901 007 713, E: [email protected]