Government decision to maintain reserve investment power 'disappointing'

Bill will return to Lords in usual ‘ping pong’ process until both houses reach an agreement

Holly Roach
clock • 4 min read
Government decision to maintain reserve investment power 'disappointing'

The government’s decision to maintain a reserve investment power in the Pension Schemes Bill is “disappointing”, the industry says.

As the bill returned to the House of Commons yesterday (15 April), MPs discussed the reserve power to mandate defined contribution scheme investment, after the House of Lords opposed the power. ...

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