Chancellor launches pensions review to boost investment, and tackle 'waste' in system

Chancellor vows 'big bang on growth' to boost investment and savings as phase 1 of review

Jonathan Stapleton
clock • 9 min read
Chancellor of the Exchequer Rachel Reeves
Image:

Chancellor of the Exchequer Rachel Reeves

The chancellor Rachel Reeves has announced the first phase of a landmark pensions review as part of the new government’s mission to boost growth and make every part of Britain better off.

Under the plans the chancellor said billions of pounds of investment could be unlocked in the UK economy from defined contribution (DC) schemes alone and pension pots for savers in defined contribu...

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

Are you a trustee, investment consultant or in-house pension and benefit scheme professional? You can apply for full complimentary access here

Join now

 

Already a Professional Pensions
member?

Login

More on Law and Regulation

Rachel Reeves to use Mansion House speech to announce pensions adequacy review

Rachel Reeves to use Mansion House speech to announce pensions adequacy review

Reports say chancellor to appoint commission to lead long-awaited review

Professional Pensions
clock 04 July 2025 • 2 min read
IFS: A blueprint for a stronger pension system

IFS: A blueprint for a stronger pension system

Heidi Karjalainen says government needs to act swiftly to secure a stronger, sustainable pension system fit for the future

Heidi Karjalainen
clock 02 July 2025 • 3 min read
TPR urges trustees to respond to FCA targeted support consultation

TPR urges trustees to respond to FCA targeted support consultation

The Pensions Regulator says it wants to work with trustees to get this right

Jonathan Stapleton
clock 01 July 2025 • 1 min read
Trustpilot