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
Image:

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 abl...

To continue reading this article...

Join Professional Pensions

Become a Professional Pensions Lite Member today

  • Three complimentary articles per month covering the latest real-time news, analysis and opinion from the industry
  • Receive important and breaking news stories via our two daily news alerts
  • Hear from industry experts and other forward-thinking leaders

Join now

 

Already a Professional Pensions
member?

Login

Holly Roach
Author spotlight

Holly Roach

News Editor at Professional Pensions

More on Industry

FCA's British Steel pensions redress scheme pays out just £8.7m

FCA's British Steel pensions redress scheme pays out just £8.7m

Total redress was lower than £50m estimate due to ‘changing economic conditions’

Sahar Nazir
clock 24 July 2024 • 2 min read
APPT welcomes initial government action on pensions reforms

APPT welcomes initial government action on pensions reforms

Association outlines ‘shopping list’ of areas for future legislation across DB and DC

Martin Richmond
clock 24 July 2024 • 3 min read
Cushon rebrands to NatWest Cushon

Cushon rebrands to NatWest Cushon

Rebrand comes a year after pension and tech firm was acquired by NatWest Group

Jasmine Urquhart
clock 24 July 2024 • 1 min read
Trustpilot