Mansion House Compact unleashes 'superpower' of DC pensions

Mansion House Compact could ‘unlock’ £50bn of capital from DC funds by 2030

Jasmine Urquhart
clock • 8 min read
Mansion House Compact members will commit 5% of assets in default funds to unlisted equities by 2030
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Mansion House Compact members will commit 5% of assets in default funds to unlisted equities by 2030

Firms have responded to the Mansion House Compact, which the government says could “unlock” £50bn of capital by 2030, saying the move could “unleash the superpower” of defined contribution (DC) schemes.

The compact, announced yesterday (10 July) in the chancellor's annual Mansion House speech, is an agreement between nine of the UK's largest DC pension providers to allocate 5% of assets in their d...

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Jasmine Urquhart
Author spotlight

Jasmine Urquhart

Senior Correspondent at Professional Pensions

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