Andrew Bailey has said he does not support mandation, with the industry suggesting this will be ‘unwelcome’ at the DWP
Supports ambition to invest at least 10% of its default fund in private market assets
Best practices for structuring private market solutions for DC
How defined contribution schemes are investing in private markets.
Government-backed master trust commits around £446m to infrastructure debt fund
Mansion House Accord, Pension Schemes Bill expectations, and a £120m buy-in deal
Industry panel says government mandation could have ‘unintended consequences’
Industry also concerned about the supply of UK-specific assets
Backstop plans to mandate private asset investment has global precedent
Signatories point to improved outcomes for members and welcome collaborative approach