Autumn Statement 23: Chancellor unveils plan for DC scheme consolidation

Jeremy Hunt unveils plan to take forward Mansion House reforms for DC schemes

Martin Richmond
clock • 2 min read
Copyright HM Treasury
Image:

Copyright HM Treasury

Chancellor Jeremy Hunt has announced plans for the majority of defined contribution (DC) savers to have their pension pots managed in schemes over £30bn by 2030.

Hunt confirmed the plans were part of his plans to advance his Mansion House reforms to consolidate the industry in a way that "improves outcomes for savers". As part of the Autumn Statement, th...

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

More on Law and Regulation

SPP: Covenant assessment under the new funding regime

SPP: Covenant assessment under the new funding regime

Guy Jackson says advisers and employers are now operating under a more structured framework

Guy Jackson
clock 24 March 2026 • 3 min read
House of Lords amendment will add scale test exemption for sub-sized DC schemes

House of Lords amendment will add scale test exemption for sub-sized DC schemes

Amendment will allow TPR to exempt schemes that prove they offer good value to members

Jonathan Stapleton
clock 23 March 2026 • 2 min read
Are administrators doing enough to prepare for dashboards, FCA chief asks

Are administrators doing enough to prepare for dashboards, FCA chief asks

Nikhil Rathi says dashboards could be catalyst for greater engagement with pensions

Jonathan Stapleton
clock 23 March 2026 • 2 min read
Trustpilot