Spring Budget 24: Industry responds to pot for life and VfM measures

Industry hopes PfL is ‘quietly dropped’ while DC rules welcomed if outcomes prioritised

Jasmine Urquhart
clock • 5 min read
The industry has reacted to the pot for life and investment disclosure announcements (HM Treasury)
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The industry has reacted to the pot for life and investment disclosure announcements (HM Treasury)

The industry has responded to chancellor Jeremy Hunt’s announcements on confirming a requirement for defined contribution (DC) and Local Government Pension Schemes (LGPS) to disclose the level of investments in the UK.

Commentators have also noted the intention to focus on value for money (VfM), in addition to the reiteration of plans to pursue a lifetime provider model, with many noting challenges around impleme...

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Jasmine Urquhart
Author spotlight

Jasmine Urquhart

Senior Correspondent at Professional Pensions

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