DWP

The industry responds to the government’s updated pensions roadmap

Timetable published with the updated pensions roadmap

Framework sets out the plan to shift the focus from cost to overall value

The goals are measurable with specific key results to enable progress tracking

Acting CEO Richard Beaven says the lifeboat fund ‘beat our benchmarks once again’

Institute says the industry is not waiting for regulation to force change

Government confirms plan to develop strategy with ‘timely’ and ‘modern’ communications

DWP figures suggest DC assets could surpass £1trn in 2031 and reach £1.24trn by 2035

Minister says transaction complied with rules in a way not anticipated when they were set

Move comes as part of statutory review into Pensions Act 2008 regulations