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

FMs making 'incremental' progress on ESG integration

FMs making 'incremental' progress on ESG integration

EY report finds ESG integration has been a case of ‘evolution rather than revolution’

Martin Richmond
clock 09 July 2026 • 3 min read
Nest launches £200m VC sleeve with Schroders Capital

Nest launches £200m VC sleeve with Schroders Capital

Master trust will allocate £200m to build on existing private markets investment

Martin Richmond
clock 08 July 2026 • 4 min read
The hardest problem in finance is becoming pensions' defining challenge

The hardest problem in finance is becoming pensions' defining challenge

Hugh Cutler says there is not yet a settled industry answer to the decumulation challenge

Hugh Cutler
clock 07 July 2026 • 5 min read
Trustpilot