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Stewart Hastie, Morten Nilsson and Nikesh Patel are among the industry figures who have expressed disappointment that corporate DB did not feature in the Mansion House announcements
Chancellor Rachel Reeves’ Mansion House speech was a “missed opportunity” for defined benefit (DB) schemes and failed to provide clarity around how surpluses could be used.
In her speech last night, the chancellor set out plans to create pension "megafunds" through a series of reforms to the Local Government Pension Scheme (LGPS) and defined contribution (DC) schemes....
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