The Pensions and Lifetime Savings Association (PLSA) has called for amendments to the Pension Schemes Bill to ensure new regulatory powers do not unintentionally prevent schemes from taking action in members’ interests.
This week’s top stories included a warning from Lincoln Pensions on the “triple whammy” faced by sponsor covenants, while MPs called for further input on the Pension Schemes Bill.
Around one in 25 pension schemes have made use of regulatory easements to deficit recovery contribution (DRC) payment schedules, according to The Pensions Regulator (TPR).
Richard Butcher is set to spend another year as Pensions and Lifetime Savings Association (PLSA) chair as the trade body proposes his term is extended to autumn 2021.
The pensions industry must personalise interventions and auto-enrolment (AE) conversations to prevent members from squandering their pots at retirement age, according to industry experts.
Data definitions, better stewardship, and increased education are central recommendations for overcoming the barriers to climate-aware investing, the Pensions and Lifetime Savings Association (PLSA) says.
A second pensions bill is likely during the “life of this parliament”, according to pensions and financial inclusion minister Guy Opperman.
A “legitimate debate and discussion” is needed over future auto-enrolment (AE) contribution rates, says Guy Opperman, and that could take place next year.
Julian Mund writes about planning for the future and the four challenges he sees for the pension industry over the next five years.
The pensions industry “can’t compete” with the “ingenuity” of scammers until industry jargon is removed and communications are simplified, according to industry experts.
The Pensions and Lifetime Savings Association (PLSA) has called on the government to implement regulations for schemes to better assist savers with complex decisions regarding pot access at the point of retirement.
Martin Lewis founded Money Saving Expert, a website that has since built up an email following of 13 million people, after investing just £100 in a website at the beginning of the millennium. But how has Lewis achieved such cracking engagement? And what...
Consolidation across defined benefit (DB) and defined contribution (DC) schemes is the most-anticipated trend for the UK pensions industry over the next five years, the Pensions and Lifetime Savings Association (PLSA) has found.
The proposed changes from the McCloud judgment to Local Government Pension Scheme (LGPS) members could take more than two years to implement, according to the Pensions and Lifetime Savings Association (PLSA).
The Pension Protection Fund’s (PPF) new tapered approach to its risk-based levy could provide a crucial short-term lifeline for struggling schemes hard-hit by Covid-19, the industry says.
TISAtech has launched an ESG investment strategy evaluation in collaboration with the Pensions and Lifetime Savings Association (PLSA).
While the Pension Schemes Bill is continuing its route through the parliamentary process, there are still some loose ends to tie up - including section 107. Here, Richard Butcher, looks at what the implications of that clause could mean for DB schemes....
While the dashboard timeline needs to be flexible enough to help the least well-prepared schemes get ready, Nigel Peaple says schemes are being constructive and solution-focused.
Three quarters of pension schemes believe they will be ready to join the pensions dashboard if they have two years to prepare, the Pensions and Lifetime Savings Association (PLSA) finds.
The industry has broadly backed proposals to require the largest schemes to publish climate risk disclosures but raised concerns about the workload of implementation as well as how to standardise the methodology used.
Potential changes to the way the Retail Prices Index (RPI) is calculated and reported could cause assets to fall by between £60bn and £130bn, according to various estimates.
Foresight has completed the acquisition of the Pensions Infrastructure Platform (PIP) just one month after announcing the planned purchase.
As The Pension Regulator’s (TPR) home city Brighton gears up for its first virtual Pride, diversity and inclusion in pension schemes has never mattered more, says Charles Counsell.
The Pensions and Lifetime Savings Association (PLSA) has published guidance for trustees on the new requirements to publicly disclose their investment and responsible investment activity.