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)
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

  • 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 Industry

Good News Corner: Barnett Waddingham celebrates third Walk and Talk

Good News Corner: Barnett Waddingham celebrates third Walk and Talk

Group of 60 traverses 17km route from Henley and through Chiltern Hills

Jasmine Urquhart
clock 13 June 2025 • 1 min read
UK Pensions Awards 2025 - The photos from the night

UK Pensions Awards 2025 - The photos from the night

The awards ceremony was held on 12 June at The Brewery in London

Jonathan Stapleton
clock 13 June 2025 • 1 min read
Professional Pensions: Stories of the week

Professional Pensions: Stories of the week

TPT managed retirement for life offering, TPR blog and XPS survey on DB surplus

Professional Pensions
clock 13 June 2025 • 1 min read
Trustpilot