The Pensions and Lifetime Savings Association (PLSA) has commented on The Investing and Saving Alliance (TISA)’s report, ‘Getting Retirement Right: Plan, Prepare, Enjoy.’ |
Lizzy Holliday, Head of DC, Master Trusts and Lifetime Saving at the Pensions and Lifetime Savings Association (PLSA), said: “The Investing and Saving Alliance (TISA) has added an important body of work to the debate surrounding how people achieve an adequate income in retirement. “The PLSA broadly supports TISA’s recommendations. As laid out in our 2018 Hitting the Target report, increasing automatic enrolment (AE) contributions to 12%, lowering the age at which AE kicks in to 18 and removing the lower earnings limit will give people a much better chance of achieving financial security in later life. “TISA’s research supports our own modelling, in line with the Retirement Living Standards, which concludes that contributions of 12% are necessary to help many more people achieve a moderate living standard in retirement.
“The ongoing debate about adequacy, coupled with low levels of saver engagement, presents an emerging opportunity for the pensions industry to establish some simple rules of thumb for the savings rates required to reach each of the minimum, moderate and comfortable Retirement Living Standards. The PLSA will now be seeking to work with our members and the rest of industry to reach a consensus, to take the Retirement Living Standards to the next level to assist savers.” |
|
|
|
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.