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

Pension scheme investment could help alleviate UK housing shortages

Pension scheme investment could help alleviate UK housing shortages

LGPS Central says it expects partner fund investment in social housing to rise to £1bn

Martin Richmond
clock 02 October 2026 • 3 min read
The Big Question: What do higher yields mean for DB schemes?

The Big Question: What do higher yields mean for DB schemes?

Perspectives from our panel of five investment managers

Professional Pensions
clock 02 October 2026 • 7 min read
Aegon to transfer fiduciary management duties to Van Lanschot Kempen

Aegon to transfer fiduciary management duties to Van Lanschot Kempen

Firms also strike new strategic partnership for alternative fixed income solutions

Alex Levy
clock 01 October 2026 • 1 min read
Trustpilot