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

Join now

 

Already a Professional Pensions
member?

Login

More on Law and Regulation

TPR updates on pension scam prevention work

TPR updates on pension scam prevention work

Blog from regulator updates on industry collaboration, publication and legislation

Jasmine Urquhart
clock 06 February 2025 • 2 min read
SPP: Sizing up the DC market

SPP: Sizing up the DC market

David James looks at proposed changes to the DC pensions market in order to encourage scale

David James
clock 30 January 2025 • 3 min read
MPs vote for motion to provide compensation for Waspi women

MPs vote for motion to provide compensation for Waspi women

109 MPs backed SNP motion for government to consider findings of PHSO report

Martin Richmond
clock 30 January 2025 • 3 min read
Trustpilot