PLSA

People retiring in the UK will on average outlive their pension savings by 10 years, according to research by the World Economic Forum (WEF).

Pensions have been seen as unfathomable for too long. George Currie says two initiatives currently underway may begin to change this perception.

The Pensions and Lifetime Savings Association (PLSA) has called on FTSE 100 companies to meet with pension schemes to discuss their reporting of employment models and working practices.

The Cost Transparency Initiative (CTI) has launched a number of templates and guidance to help pension schemes deliver greater value for savers with enhanced disclosure of transaction cost information.

Local Government Pension Scheme (LGPS) administering authorities which fail to pay their levy to the Scheme Advisory Board (SAB) will see their names published online, they have been warned.

Climate activists from Extinction Rebellion have interrupted the Pensions and Lifetime Savings Association's (PLSA) local authority conference as a minister rejected calls for intervention.

This week's top stories included TPT Retirement Solutions consolidating the £30m Hinckley and Rugby Building Society's defined benefit scheme, and Guy Opperman becoming the second-longest serving pensions minister.

The government needs to urgently provide clarity, substance and timing on key changes to the Local Government Pension Scheme (LGPS), the Pensions and Lifetime Savings Association (PLSA) has said.

The Cost Transparency Initiative (CTI) has set out plans to launch the long-awaited cost disclosure templates for pension schemes in mid-May.

Initial responses to the government's consultation on DC investment innovation reveals a mixed views on a range of its proposals. Kim Kaveh reports.