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

  • Unlimited access to real-time news, analysis and opinion from the industry
  • Receive our in-depth monthly magazine in either print or digital format
  • Access our Sustainable Investment Hub covering news and opinion from thought leaders in the ESG space
  • Receive important and breaking news stories selected by the Editors in our daily newsletter
  • Hear from industry experts and other forward-thinking leaders
  • Receive a monthly members-only newsletter with exclusive opinion pieces from leading industry experts and a feature from the magazine in advance of its release date

Join now

 

Already a Professional Pensions
member?

Login

More on Industry

UK GDP grows by 0.6% in Q1

UK GDP grows by 0.6% in Q1

Growth follows two quarterly declines in second half of 2023

Cristian Angeloni
clock 10 May 2024 • 2 min read
NAO probe finds estimated cost of dashboard project has risen by £54m

NAO probe finds estimated cost of dashboard project has risen by £54m

‘Range of factors’ have driven estimated cost of the programme up by 23%

Holly Roach
clock 10 May 2024 • 3 min read
News Digest: Calls for miners' pensions to be reformed

News Digest: Calls for miners' pensions to be reformed

PP brings together all the latest news on pensions from across the national and financial media

Professional Pensions
clock 10 May 2024 • 1 min read
Trustpilot