Two years on from the Mansion House Compact, how has the UK defined contribution investment landscape changed – and what impact will a new agreement and pension scheme legislation have in driving the government’s objectives?
Employer Pension Pledge, Mansion House speech, £800m buy-in, and PPI research
Reeves said measures in the Pension Schemes Bill will mean larger and more powerful pots of funding invested productively
Chancellor provided no update on the Pensions Review and no clarity around AE
The pledge will commit employers to prioritise net returns, not just cost
Annual report shows 9.9% five-year returns for 2045 growth phase fund
Report sets out opportunities for DC schemes to contribute to UK growth while delivering strong outcomes for savers
Industry also concerned about the supply of UK-specific assets
Signatories say commitment is ‘dependent’ on enabling government and regulatory actions
A panel of experts look at the benefits and drawbacks of DC consolidation