Mansion House reforms to unlock £75bn from DC and LGPS

Chancellor announces new VfM framework, DC investment vehicle and LGPS consultation

Jasmine Urquhart
clock • 4 min read
Jeremy Hunt: Mansion House speech prioritises "evolutionary rather than revolutionary" changes to pensions
Image:

Jeremy Hunt: Mansion House speech prioritises "evolutionary rather than revolutionary" changes to pensions

Up to £75bn of investment from defined contribution (DC) and the Local Government Pension Scheme (LGPS) could be used to grow the economy and boost member outcomes, the chancellor has announced.

In this evening's (10 July) Mansion House speech, chancellor Jeremy Hunt has launched an array of reforms encompassing DC, the local government pensions, and defined benefit (DB) schemes, with the ...

To continue reading this article...

Join Professional Pensions

Become a Professional Pensions Lite Member today

  • Three complimentary articles per month covering the latest real-time news, analysis and opinion from the industry
  • Receive important and breaking news stories via our two daily news alerts
  • Hear from industry experts and other forward-thinking leaders

Are you a trustee, investment consultant or in-house pension and benefit scheme professional? You can apply for full complimentary access here

Join now

 

Already a Professional Pensions
member?

Login

Jasmine Urquhart
Author spotlight

Jasmine Urquhart

Senior Correspondent at Professional Pensions

View profile
More from Jasmine Urquhart

Investment managers hold steady on RI despite ESG scrutiny

Scheme of higher education institution completes £12m buy-in with Just Group

More on Investment

Border to Coast makes £70m foray into single-family housing
Investment

Border to Coast makes £70m foray into single-family housing

‘Landmark’ deal sees LGPS pool fund 139 homes at Springstead Village in Cambridge

Jonathan Stapleton
Jonathan Stapleton
clock 09 February 2026 • 2 min read
Partner Insight: Democracy and the rule of law is the defining ESG issue of the year
Investment

Partner Insight: Democracy and the rule of law is the defining ESG issue of the year

For the past several years, climate has dominated ESG agendas. Rightly so in our view, given that its physical and transition risks are reshaping portfolios and policy alike. But in 2026, one issue has returned to the forefront with unmistakable urgency:...

Ashley Hamilton Claxton, Head of Responsible Investment at Royal London Asset Management
clock 09 February 2026 • 2 min read
Inflation has 'clear but inconsistent' impact on all asset classes
Investment

Inflation has 'clear but inconsistent' impact on all asset classes

Aon report says investors will need diversified portfolios to protect against all types of inflationary shocks

Martin Richmond
Martin Richmond
clock 06 February 2026 • 3 min read
Trustpilot