PQM holders are invited to participate in the following PLSA roundtables:
Consolidation, Value for Money and Illiquid Assets
Following the DWP open consultation 'Improving outcomes for members of defined contribution pension schemes' which examines a number of different issues and proposals, the PLSA seeks your final input on it's response to these proposals before the consultation closes next week. Under these proposals trustees of some DC schemes will have a new statutory duty to consider whether the scheme is delivering good overall value, report publicly where it is not, and wind up the scheme and consolidate. We particularly welcome views from schemes below the proposed threshold of £100m AUM. In addition, the consultation details further changes to regulations and statutory guidance designed to improve DC pension scheme governance, promote diversification of investment portfolios and increase transparency to scheme members.
22 October at 15:00 - 16:00 | 23 October at 11:00 - 12:00
If you would like to participate, please contact Alyshia Harrington-Clark
We are holding a roundtable with members to feed into the Cross-Industry Working Group. The PLSA has previously called for the DWP to take a more holistic approach to address the causes and not just the symptoms or effects of small pots. Building on the work the PLSA has done, we would like to get our members views which will feed into the Cross-Industry Working Group and to help inform the work going forward. We particularly welcome views from single employer trusts, but are keen to hear from all of those with experience of small pots issues or ideas for solutions.
27 October at 14:30 - 15:30 | 30 October 11:00 - 12:00
If you would like to participate please email Kate Boulden
T: 020 7601 1736
07/10/2020 - The Children's Society - the value of PQM read more
12/06/2020 - Mike Nixon on why holding the Pension Quality Mark matters at Leonardo read more
The IoD welcomes the PQM initiative. Employers and employees need to work together on tackling the retirement income challenges we all face, and on improving communication of scheme benefits. The focus of PQM in both these areas marks an important step forward in preserving and enhancing good quality workplace pension provision.
Malcolm Small - Senior Adviser, Pensions Policy, Institute of Directors