Pensions and Lifetime Savings Association

The PLSA is on a continuous drive to ensure all of its members are better engaged and represented in its policymaking. James Phillips speaks to Julian Mund about the progress so far.

This week’s 96 Pensions Buzz respondents said good governance was more important than member engagement, noting the former could lead to the latter.

The industry has had little success engaging members with pensions over the past 20 years. Jonathan Stapleton says two initiatives currently underway may change this in the future.

The Pensions Regulator (TPR) will now seek to publish the first of two consultations on a revised defined benefit (DB) funding code in the new year, depending on the political environment.

The pensions schemes bill will digitalise pensions and provide savers with greater confidence for retirement, Guy Opperman has said.

Asset manager BNP Paribas has been awarded a private credit mandate by Nest following a competitive open tender.

The number of members to have ever used NEST rose by 28% over the 2018/19 fiscal year to 31 March, according to its research arm, NEST Insight.

The data the industry holds is not yet good enough for the pensions dashboard, industry experts say.

Aegon has launched personalised animated video summaries for its members, in a bid to boost engagement.

The Pensions and Lifetime Savings Association (PLSA) will play a more proactive role in bringing people together and act as captain of the industry, its chief executive Julian Mund has said.