7 days

7 Days is a weekly round up of developments in pensions, normally published on Monday afternoons. We collate this information from key industry sources, such as the DWP, HMRC and TPR.

In this 7 Days

TPO updates wording to signpost members to its services

On 26 June 2024, TPO published a factsheet with some suggested wording schemes can use to signpost members to TPO in different contexts, including:

  • in final responses to a member’s dispute
  • on a scheme’s website, and
  • for FCA-regulated businesses.

PPI publishes briefing paper on pensions policies in election manifestos

As part of its series of papers on the 2024 general election campaign, the PPI has published a briefing paper on election manifestos and later life provision. It sets out the policy measures that relate to private pensions and wider later life provision, such as state pensions, social care and housing.

PLSA publishes blog on the “growth gap”

On 26 June 2024, the PLSA published another blog in its series on suggested pensions priorities for the next Government. This blog considers how pension funds could help drive growth in the UK. Some possible policy interventions are suggested which could mean that “investing in growth meets the right risk/return profile” for pension schemes, such as introducing fiscal incentives to make investing in UK growth more attractive than competing assets.