Government publishes Pensions Investment Review interim report and launches consultations on DC and LGPS

Proposals on DC default funds and contractual overrides as well LGPS consolidation

Jonathan Stapleton
clock • 4 min read
Chancellor Rachel Reeves delivers her speech at the Financial and Professional Services Dinner at Mansion House in the City of London. Picture by Kirsty O'Connor / Treasury CC BY-NC-ND 2.0
Image:

Chancellor Rachel Reeves delivers her speech at the Financial and Professional Services Dinner at Mansion House in the City of London. Picture by Kirsty O'Connor / Treasury CC BY-NC-ND 2.0

The government has published the interim report of its Pensions Investment Review – setting out proposals it is consulting on to “deliver scale and consolidation” of the defined contribution (DC) market and the Local Government Pension Scheme (LGPS).

The report – published as chancellor Rachel Reeves delivered her inaugural Mansion House speech last night (14 November) – sets out interim findings of phase one of the Pensions Review, which was l...

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 Investment

Partner Insight: How carbon removal strategies can offer optionality and flexibility

Partner Insight: How carbon removal strategies can offer optionality and flexibility

This article from Aviva Investors discusses the potential benefits of carbon removal strategies for institutional investors, through the lens of Aviva Investors’ Carbon Removal Fund’s investment approach, and its financial and sustainability objectives....

Dominique Ellis, Educational Lead, Aviva Investors
clock 09 October 2025 • 8 min read
Somerset selects LPPI as its preferred pooling partner

Somerset selects LPPI as its preferred pooling partner

LGPS fund becomes third of Brunel’s funds to choose LPPI as new pool

Jonathan Stapleton
clock 29 September 2025 • 1 min read
Trustee calls for moratorium on TCFD and implementation statements for schemes

Trustee calls for moratorium on TCFD and implementation statements for schemes

‘Box ticking exercises’ diverting resources from more impactful initiatives

Professional Pensions
clock 26 September 2025 • 2 min read
Trustpilot