BoE governor opposes government plans to mandate pension scheme investment

Andrew Bailey has said he does not support mandation, with the industry suggesting this will be ‘unwelcome’ at the DWP

Holly Roach
clock • 1 min read
BoE governor opposes government plans to mandate pension scheme investment

Bank of England (BoE) governor Andrew Bailey has registered opposition to government plans to mandate pension scheme investment.

The Pension Schemes Bill – which had its second reading in parliament earlier this week – includes a clause that would allow the government to tell defined contribution schemes how to invest in a b...

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