The Pensions and Lifetime Savings Association (PLSA) and Association of British Insurers (ABI) have issued a joint call to government urging it to consider four areas where more action is needed to encourage greater pension investment in UK growth.
The increase to the Pension and Lifetime Savings Association’s (PLSA) Retirement Living Standards (RLS) is a ‘wake-up call’ for both the government and the pensions industry, leading figures say.
Increases to the cost of living and changes to the UK’s public expectations have caused the Retirement Living Standards (RLS) to rise for the second consecutive year, the Pensions and Lifetime Savings Association (PLSA) has said.