Government confirms amendment to bill mandation clause in 'welcome move'

Government will not require DC schemes to invest more than 10% of total assets

Holly Roach
clock • 3 min read
Government confirms amendment to bill mandation clause in 'welcome move'

The government has published an amendment to the mandation clause in the Pension Schemes Bill, confirming a limit on the reserve power.

In a series of amendments to the bill published today (10 April), the government confirmed a limit to the extent that it can mandate how defined contribution (DC) pension schemes invest – noting it...

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