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Julian Mund, Chief Executive of Pensions UK, said: “Pensions UK supports the ambition this Government is showing by setting up a second stage of the landmark Pensions Commission, 20 years on. There is a significant job to finish: Pens... Read more
Most of the members I’ve met since we launched our Pensions UK rebrand last week agree it’s better – simpler, cleaner and more ‘does what it says on the tin’. Our new strategy, though, is as much about what we do as what we call ourse... Read more
Pensions UK wants to see the administration levy abolished through an amendment to the current Pension Schemes Bill. In recent weeks, in a move that has surprised the sector, the administration levy has begun to be re-billed to scheme... Read more
The pensions sector is entering a defining period of structural change, being reshaped by consolidation, the focus on investment in growth, and an urgent spotlight on the need for people to save more, to understand what their savings ... Read more
Pensions matter, both on a personal and a national level. They play a defining role in people’s lives and, increasingly, are playing a defining role in economic growth. It’s a time of great change in the industry, as we embrace these ... Read more
DC funds A default method to consolidate small pots will help savers manage their retirement savings more easily and reduce costs. The Value for Money framework will help employers and schemes focus on overall value, rather than just ... Read more
Meanwhile, the Moderate and Comfortable standards have risen modestly, reflecting the impact of inflation across many expenditure categories offset by decreases in energy costs. This year, the cost of a Minimum Retirement Living Stand... Read more
‘Mega-May’ is the rather snappy title suggested by our Policy Director, Zoe Alexander, for the Policy Insights Webinar that I’ll be chairing on Wednesday. Zoe’s way with words is much sharper than mine and I think she’s really captur... Read more
The Pensions and Lifetime Savings Association (PLSA) sees the opportunity for better saver outcomes arising from these changes, but they must be carefully managed. Commenting on the Government’s response to a package of consultations,... Read more
The voluntary initiative, to be known as the Mansion House Accord, has been jointly led by the Association of British Insurers (ABI), the Pensions and Lifetime Savings Association (PLSA) and the City of London Corporation. It is aimed... Read more