PLSA's Emma Douglas: Hoping is not a savings strategy

PLSA chair said a clear strategy is needed to get long-term savings on agendas after Covid

Holly Roach
clock • 2 min read
Douglas warned a 'clear strategy' is needed to address complacency
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Douglas warned a 'clear strategy' is needed to address complacency

The hope that individuals can simply save for retirement at a later date “is not a strategy” for retirement planning, according to new Pensions and Lifetime Savings Association (PLSA) chair Emma Douglas.

Speaking today (14 October) at the PLSA annual conference, Douglas said that due to Covid-19, there was a danger that long-term savings "will be kicked down the road as people hope they will be able to...

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