 |
|
 |  |  |  |
The Pensions and Lifetime Savings Association (PLSA) has today (Monday) commented on the Government’s response to the Work and Pensions Select Committee’s third report of session 2017-19 (l). The response looks at pension scams and the issue of guidance at retirement. |
James Walsh, Policy Lead: Engagement, EU and Regulation at the Pensions and Lifetime Savings Association (PLSA) said: “We are pleased to see that the Government has chosen to move more quickly on tackling pensions scams and this announcement is a useful step forward. However, while the cold calling ban is welcome, it is not a water-tight solution. Some scammers will still work to find a way around legislation by – for example – calling from overseas. We look forward to continuing to work closely with government to tackle this issue.” Commenting on measures to increase the take-up of guidance, Tim Gosling, Policy Lead: Defined Contribution, added: “Free and impartial guidance is a critical piece of the retirement puzzle and it will go some distance to getting savers the outcome they deserve but we do not believe guidance will be enough on its own. “The vast majority (84%) of retirees tell us they want an income from their pension savings. But there is no easy or obvious way for retirees to find a good quality income product for those who cannot or choose not to engage with complex financial choices. We think that trustees should be able to select an appropriate income product, which meets Government standards, and signpost their members to it.
“Of course, retirees would be free to disregard this steer and make their own choices but providing clear signposting would help those who might otherwise have struggled to make a decision.” |
|
|
|
| Specialty GI Pricing Leader | ||
| London - Negotiable | ||
| Senior Life Actuarial Assoc or Direct... | ||
| Bermuda - Negotiable | ||
| Health Insurance Manager | ||
| London/hybrid 2-3dpw office-based - Negotiable | ||
| Principal Actuary - Bermuda | ||
| Bermuda - Negotiable | ||
| GI Pricing Analyst | ||
| Wales / hybrid 2dpw in the office - Negotiable | ||
| International Investment Manager | ||
| Bermuda - Negotiable | ||
| Financial Risk Leader - Bermuda | ||
| Bermuda - Negotiable | ||
| Risk Transfer Consultant | ||
| Any UK Office location / Hybrid working, 2 days p/w in office - Negotiable | ||
| Senior Life Actuarial Analyst | ||
| South East / hybrid 3dpw office-based - Negotiable | ||
| Investment Manager - Credit Risk & Re... | ||
| South East / hybrid 3dpw office-based - Negotiable | ||
| Actuarial Project Manager | ||
| South East / hybrid 3dpw office-based - Negotiable | ||
| Senior Associate - Trustee Pensions | ||
| South East / hybrid 1-2dpw office-based - Negotiable | ||
| STAR EXCLUSIVE: BPA Pricing Actuaries | ||
| Flex / hybrid 2-3 dpw office-based - Negotiable | ||
| Ceded Re Pricing Actuary | ||
| London - £150,000 Per Annum | ||
| Senior Actuary | ||
| London - £180,000 Per Annum | ||
| Financial Reporting in Reinsurance | ||
| London / hybrid 2 days p/w office-based - Negotiable | ||
| Home Insurance Director | ||
| North West/Hybrid - £140,000 Per Annum | ||
| Head of Long-tail Global | ||
| UK/USA - £200,000 Per Annum | ||
| Challenge the pensions industry! | ||
| UK Flex / hybrid 2dpw office-based - Negotiable | ||
| Pensions Data Science Actuary | ||
| Offices UK wide, hybrid working - Negotiable | ||
Be the first to contribute to our definitive actuarial reference forum. Built by actuaries for actuaries.
Copyright © 2025 Actuarial Post. Created by Zero-One Design Ltd
