On the go: The Pensions and Lifetime Savings Association’s new policy board has set its priorities for the next four years, with specialist sub-committees formed for defined benefit and defined contribution schemes, local authority schemes and master trusts.
The policy board will build on the PLSA’s previous work on retirement income standards, the pensions dashboard, DB superfunds, and the DB funding regime, as well as addressing the challenges and opportunities created by the growth of savers in master trusts and the implications for Local Government Pension Schemes of the new asset pools.
Emma Douglas, chair of the policy board, said: “We have an ambitious policy agenda to ensure the UK regime for retirement savings delivers a better income for everyone.
“Drawing on the wide expertise of the PLSA’s policy board we have identified four key priority topics: well-run schemes, effective engagement, adequate contributions, and addressing the challenges of consolidation – with some actions for government and some for the industry. I am looking forward to pursuing these goals.”
Nigel Peaple, director of policy and research at the PLSA, added: “Our policy work is designed to deliver the priorities of our policy board, which is made up of PLSA members with expertise in all types of retirement provision – DB and DC, large and small, private and public.”
