Award comes in bid to unlock private capital to support innovative companies in the UK
Thomas Cook schemes complete £50m deal and Coal schemes complete £44m transaction
Industry hopes PfL is ‘quietly dropped’ while DC rules welcomed if outcomes prioritised
Aegon and Standard Life say lack of progress on AE is a ‘missed opportunity’
Government working with ABI to ‘finalise a framework’ for monitoring participation
Jeremy Hunt confirms the government will continue to explore potential pot for life model
Chancellor confirms intention to allow TPR and FCA to monitor DC performance
Follows a year long consultation after last year's Budget
Professional Pensions asks leading industry figures for their thoughts on today’s statement
Consultation another step towards the new funding regime but challenges remain