All the updated news related to pensions and lifetime savings association

All the news related to pensions and lifetime savings association updated in real time

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86% of people do not want retirement savings funding Russia, say campaigners

Some 86% of people believe UK pensions should not be invested in Russia, a survey carried out for a campaign group has found. The survey of 2,000 people across the UK was carried out for Make My Money Matter, an organisation co-founded by filmmaker ...

04 Mar 2022 at 15:55

Personal Finance

Workplace pensions provision should be levelled up, MPs told

There should be a “levelling up” of workplace pensions provision, with minimum contributions being increased in the coming years, MPs have heard. Nigel Peaple, director of policy and advocacy at the Pension and Lifetime Savings Association (PLSA), ...

23 Feb 2022 at 11:25

Personal Finance

New campaign will help bring retirement savings into everyday conversations

Millions of savers will be helped to get to know their pensions better – and perhaps build a bigger retirement pot – with a new awareness campaign launching later this year. Only one in five (20%) people feels confident they are saving enough for ...

05 Apr 2022 at 12:25

Personal Finance

One in three ‘could struggle to achieve minimum living standards in retirement’

Around one in three (35%) people could struggle to make ends meet in retirement, according to a report. The average man is on track to receive £19,000 a year in retirement income per year, compared with £12,000 for the average woman, the report ...

28 Jun 2023 at 00:01

Scotland

Climate activists stage ‘Stayin’ Alive’ dance demo outside pensions conference

Climate activists have staged a dance protest outside a pensions conference as they call on funds to stop investing in fossil fuel companies. Extinction Rebellion Scotland, Divest Lothian and Global Justice Now Scotland campaigners performed a ...

28 Feb 2024 at 17:29

Personal Finance

Annual cost of moderate retirement up £8,000 amid rising living costs – research

The annual cost of having a moderate income in retirement has jumped by £8,000, amid rising living costs and expectations that grandparents will be playing a role in supporting other family members, according to a pensions industry body. The ...

07 Feb 2024 at 00:01

Personal Finance

Jump of nearly 20% in amounts needed for minimum living standards in retirement

The annual income people will need for a minimum standard of living in retirement has jumped by nearly a fifth in the space of a year, according to an industry body. The Pensions and Lifetime Savings Association (PLSA) regularly publishes ...

12 Jan 2023 at 00:01

Personal Finance

One in three people ‘feel financially worse off than a year ago’

A third (34%) of people surveyed in September reported being financially worse off than 12 months earlier. Just over a quarter (27%) have seen an improvement in their financial position in the last 12 months, while two-fifths (39%) said ...

14 Oct 2024 at 10:39

Personal Finance

Research reveals size of ‘Christmas hamper’ for retirees on different incomes

A retiree couple living comfortably and hosting guests this Christmas could potentially have around £260 to splash out on food, according to calculations by a pensions body. A pensioner couple with a moderate lifestyle may have around ...

24 Dec 2024 at 00:01

Personal Finance

Pension savers ‘plan to raise contributions and review retirement goals’ in 2025

One in 10 (10%) pension savers with a defined contribution (DC) workplace pot is planning to increase their contributions this year, a survey has found. One in eight (12%) people with a DC pension aims to review their pension plan ...

07 Jan 2025 at 12:00

Personal Finance

Awareness of Sharia-compliant pension options should be increased, says IFS

More should be done to raise awareness of Sharia-compliant retirement savings schemes among Muslim employees, according to the Institute for Fiscal Studies (IFS), which highlighted pension opt-out gaps among workers from ...

23 Jan 2025 at 00:01

City

Pension schemes in ‘robust position’ to deal with market fluctuations

Pension schemes are in a “robust position” to deal with market fluctuations, an industry body has said. The pound fell to a fresh 14-month low on Monday, while UK government bonds, also known as gilts, continued to see ...

13 Jan 2025 at 14:16

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