Displaying items by tag: PLSA
PLSA and ABI urge greater pension investment
The Pensions and Lifetime Savings Association (PLSA) and the Association of British Insurers (ABI) have called on Government to boost UK growth through greater pension investment in four key areas.
PLSA wants to boost UK assets’ appeal
The Pensions and Lifetime Savings Association (PLSA) has identified 12 ways to make UK assets more appealing to pension funds so the funds can help support the UK economy.
State pension age rise could be delayed
Plans to bring forward a rise in the state pension age which were expected to be announced in May have been put on hold, according to newspaper reports
Rising care costs push retirement pot need to £470,000
Retirees wanting a comfortable retirement and enough money to pay for later life care need to build up around £470,000 in retirement wealth due to the cost of living crisis, according to a new report.
PLSA warns 1 in 5 pension savers may halt or cut payments
A fifth of pension scheme members are considering cutting or halting their contributions to help them meet the cost of living crisis, according to a new survey by the PLSA.
3 in 4 pension schemes have net zero plans
Three quarters (74%) of pension schemes have net zero plans in place, or will do within the next two years, according to a new survey.
1 in 4 workers fear economic hit to retirement income
Just over one in four workplace pension savers (26%) fear their pension pot will fail to provide enough to live on at retirement, according to a new report from the Pensions and Lifetime Savings Association (PLSA).
Growing concern over RPI axe threat to pensions
The Pensions and Lifetime Savings Association - the trade body that represents 1,300 pension schemes with 20m members - has joined the chorus of concern about the Government’s potential axing of the Retail Prices Index (RPI), the measure used to decide many annual pension increases.
More than half of workers ignorant of pension pot size
More than half of workers (54%) are ignorant about the size of their pension pots, according to a major survey by pensions industry trade body the PLSA.