Increase to retirement living standards 'wake-up-call' for industry and government

Industry says revised figures highlight ongoing challenges of ensuring good member outcomes

Martin Richmond
clock • 5 min read
Increase to retirement living standards 'wake-up-call' for industry and government

The increase to the Pension and Lifetime Savings Association’s (PLSA) Retirement Living Standards (RLS) is a ‘wake-up call’ for both the government and the pensions industry, leading figures say.

In an update to the RLS announced yesterday (7 February), the trade body confirmed the cost of the ‘minimum', ‘moderate' and comfortable living standards all increased as a result of increases to t...

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