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

Investment managers call for no further changes to pension tax regime

Investment managers call for no further changes to pension tax regime

Polling suggests policy change disincentivises saving and weakens retirement confidence

Alex Levy
clock 22 September 2026 • 2 min read
Pension schemes face practical barriers to investing in UK growth, finds TPR

Pension schemes face practical barriers to investing in UK growth, finds TPR

Success of Mansion House will depend on a ‘pipeline of UK investment opportunities’

Alex Levy
clock 21 September 2026 • 4 min read
Infrastructure investment boosts pension saver sentiment, research shows

Infrastructure investment boosts pension saver sentiment, research shows

Investment firms say member engagement could boost support for productive investment

Alex Levy
clock 18 September 2026 • 2 min read
Trustpilot