Chancellor urged to zero in on DB surpluses in first Mansion House speech

Industry says Reeves must ensure speech is not a ‘missed opportunity’ for UK economic growth

Martin Richmond
clock • 9 min read
Chancellor urged to zero in on DB surpluses in first Mansion House speech

Chancellor Rachel Reeves should use her upcoming Mansion House speech to incentivise defined benefit (DB) schemes to run-on and use their surpluses to invest in the UK economy, industry experts have said.

The chancellor's speech, which is set to take place on Thursday (14 November), is rumoured to include plans to overhaul the country's pension fund industry. A report by The Times published last wee...

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