Spring Budget 24: Chancellor confirms DC and LGPS investment disclosure plans

Chancellor confirms intention to allow TPR and FCA to monitor DC performance

Jasmine Urquhart
clock • 1 min read
The chancellor has confirmed the Treasury's intention to monitor the performance of DC and LGPS schemes in today's Budget (Credit: HM Treasury)
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The chancellor has confirmed the Treasury's intention to monitor the performance of DC and LGPS schemes in today's Budget (Credit: HM Treasury)

Chancellor Jeremy Hunt has reaffirmed the government’s intention to compel defined contribution (DC) schemes as well as Local Government Pension Schemes to disclose their level of investment in UK equities.

Following an announcement over the weekend unveiling plans to bar poorly performing DC schemes from new business, Hunt confirmed value for money (VfM) plans to "ensure better value from DC schemes"...

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Jasmine Urquhart
Author spotlight

Jasmine Urquhart

Senior Correspondent at Professional Pensions

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