Eight Budget announcements for the pensions industry to note

clock • 2 min read

Philip Hammond's 2018 Budget speech was entirely devoid of any mention of pensions, but the documents do include some things for the industry to take note of. Professional Pensions rounds up the eight key Budget plans and shortcomings.

1) Patient capital Perhaps the most impactful announcement for pensions, the chancellor said efforts were underway to get around £1trn of defined contribution (DC) assets to be invested in so-ca...

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