Are targets the solution to our pension saving crisis?
28 Oct 2019
We recently held a webinar which focused on the PLSA Retirement Living Standards and the impact targets could have on saving for retirement.
Since auto-enrolment has come into effect, the UK has more employees saving into a pension than ever before. But there's still a lot more to be done to ensure that they save enough.
On 17 October, the PLSA announced their Retirement Living Standards, will this be the solution to our pension saving crisis?
Together with our friends at communications agency, like minds, our experts shared their experience of operating targets for DC plans and discussed:
- Details of what the PLSA Retirement Living Standards are;
- alternative DC targets and when they might be appropriate;
- what this means for your plan's governance; and
- what opportunities it presents for member engagement.
You can replay the full webinar below.
If you would like to discuss anything that was covered in more detail, or if you’d like to know how GO could be modelled against the PLSA’s Targets for your employees, please get in touch.