PLSA's Emma Douglas: Hoping is not a savings strategy

PLSA chair said a clear strategy is needed to get long-term savings on agendas after Covid

Holly Roach
clock • 2 min read
Douglas warned a 'clear strategy' is needed to address complacency
Image:

Douglas warned a 'clear strategy' is needed to address complacency

The hope that individuals can simply save for retirement at a later date “is not a strategy” for retirement planning, according to new Pensions and Lifetime Savings Association (PLSA) chair Emma Douglas.

Speaking today (14 October) at the PLSA annual conference, Douglas said that due to Covid-19, there was a danger that long-term savings "will be kicked down the road as people hope they will be abl...

To continue reading this article...

Join Professional Pensions

Become a Professional Pensions Lite Member today

  • Three complimentary articles per month covering the latest real-time news, analysis and opinion from the industry
  • Receive important and breaking news stories via our two daily news alerts
  • Hear from industry experts and other forward-thinking leaders

Join now

 

Already a Professional Pensions
member?

Login

More on Industry

Good News Corner: Quantum Advisory employees become Dementia Friends

Good News Corner: Quantum Advisory employees become Dementia Friends

Quantum Advisory employees support initiative led by Alzheimer’s Society

Jasmine Urquhart
clock 04 April 2025 • 1 min read
Many savers still not accessing guidance or advice ten years on from pension freedoms, IFoA says

Many savers still not accessing guidance or advice ten years on from pension freedoms, IFoA says

IFoA report finds fewer people understand their options now compared to three years ago

Holly Roach
clock 04 April 2025 • 4 min read
Professional Pensions: Stories of the week

Professional Pensions: Stories of the week

TPR extends oversight to professional trustee firms, FCA greenlights two LTAFs, Lloyds longevity hedging transactions

Professional Pensions
clock 04 April 2025 • 1 min read
Trustpilot