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It's been a whirlwind week as many in the pensions industry headed up to Manchester for the Pensions and Lifetime Savings Association Annual Conference 2023! With so many industry updates, we've rounded up our top highlights and debates from the annual conference and the wider industry this week... The Pensions and Lifetime Savings Association shared updated recommendations on the 'Five Steps to Better Pensions' - https://lnkd.in/eSFMaSHP - alongside new proposals to help encourage greater investment in assets that can promote growth in the UK economy - https://lnkd.in/epkBwYnT The pensions industry was urged to ensure that it is prepared for an increasing amount of consolidation -https://lnkd.in/eCx7Kbyf The Pensions Regulator confirmed plans to take 'assertive' action against those schemes failing to meet its value for money expectations - https://lnkd.in/eGKxzy9T The Department for Work and Pensions (DWP) revealed plans to consult on decumulation communications "in the next few months" - https://lnkd.in/evGG47_e - also providing an update on its ongoing small pots work - https://lnkd.in/eDYZRST2 The Taskforce on Social Factors launched a consultation on new recommendations as to how the pensions industry can better incorporate social factors into investment decisions - https://lnkd.in/ew8WArFe

Catch up on the latest updates from the PLSA Annual Conference 2023 and more on Pensionsage.com

Catch up on the latest updates from the PLSA Annual Conference 2023 and more on Pensionsage.com

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