Government will not require DC schemes to invest more than 10% of total assets
House of Lords votes to remove mandation power from bill, TPR DC research, Standard Life results
Survey finds 72% of adults have little or no confidence in the government to make the right decisions about their pension
‘Henry VIII’ clauses set no limits on amount or type of assets which government could force pension funds to buy
ABI figures for 2025 at highest level since 2014 pension freedom bombshell
New board will look at DB policy, bulk purchase annuities and investment
Consultation will require DC schemes to publish ‘clear data’ on performance, costs and quality of service
But People’s Pension disappointed FCA did not recommend a ban on transfer incentives
Measure will come into force from April 2029
ABI says two in five will save less into their pension if chancellor caps scheme