Image:
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"...
To continue reading this article...
Join Professional Pensions
Become a Professional Pensions Lite Member today
In just a few clicks you can start your free Professional Pensions Lite membership for 12 months, providing you access to:
- 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
