Rise in cost of living drives increase to PLSA Retirement Living Standards

Increased cost of food and rising energy bills driving increases to cost of living in retirement

Martin Richmond
clock • 6 min read
Rise in cost of living drives increase to PLSA Retirement Living Standards

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.

In an update on its RLS today (7 February), based on research in-depth discussion groups with members of the public across the country, the trade body revealed the rise reflected the increased cost...

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