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Displaying items by tag: PLSA

Wednesday, 28 February 2024 09:30

PLSA and ABI urge greater pension investment

The Pensions and Lifetime Savings Association (PLSA) and the Association of British Insurers (ABI) have called on Government to boost UK growth through greater pension investment in four key areas.

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Tuesday, 06 June 2023 09:15

PLSA wants to boost UK assets’ appeal

The Pensions and Lifetime Savings Association (PLSA) has identified 12 ways to make UK assets more appealing to pension funds so the funds can help support the UK economy.

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Wednesday, 22 March 2023 10:46

State pension age rise could be delayed

Plans to bring forward a rise in the state pension age which were expected to be announced in May have been put on hold, according to newspaper reports

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Retirees wanting a comfortable retirement and enough money to pay for later life care need to build up around £470,000 in retirement wealth due to the cost of living crisis, according to a new report.

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A fifth of pension scheme members are considering cutting or halting their contributions to help them meet the cost of living crisis, according to a new survey by the PLSA.

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Wednesday, 25 May 2022 09:54

3 in 4 pension schemes have net zero plans

Three quarters (74%) of pension schemes have net zero plans in place, or will do within the next two years, according to a new survey.

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Just over one in four workplace pension savers (26%) fear their pension pot will fail to provide enough to live on at retirement, according to a new report from the Pensions and Lifetime Savings Association (PLSA).

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The Pensions and Lifetime Savings Association - the trade body that represents 1,300 pension schemes with 20m members - has joined the chorus of concern about the Government’s potential axing of the Retail Prices Index (RPI), the measure used to decide many annual pension increases.

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More than half of workers (54%) are ignorant about the size of their pension pots, according to a major survey by pensions industry trade body the PLSA.

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One in four employers (27%) is planning to launch financial education initiatives for staff in the next three years, according to research covering more than 2,000 employees.
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