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

More on Investment

No guarantee DC megafunds will lead to higher investment returns

No guarantee DC megafunds will lead to higher investment returns

PPI report finds ‘no guaranteed correlation’ between scheme size and level of investment return

Martin Richmond
clock 02 June 2026 • 4 min read
Nest commits £200m to climate technologies through IFM partnership

Nest commits £200m to climate technologies through IFM partnership

Scheme said this helps build on its ambition to increase its private markets allocation to 30%

Holly Roach
clock 02 June 2026 • 2 min read
The growing case for real estate debt

The growing case for real estate debt

Ashley Manning-Brown says investor attention is broadening beyond corporate direct lending

Ashley Manning-Brown
clock 29 May 2026 • 5 min read
Trustpilot