Hughes Price Walker

  • Home
  • About
  • Our Services
    • Administration
    • Actuarial
    • Consultancy
    • Investment
    • SchemeNavigator
    • Governance
    • Other services
  • Our Team
  • Careers
  • Client Login
  • News
  • Members Area
    • Taking your pension?
    • Scam awareness
    • Pension Scams Action Group
  • Contact Us
  • Charity Corner
  • Blog
  • Home
  • About
    • Administration
    • Actuarial
    • Consultancy
    • Investment
    • SchemeNavigator
    • Governance
    • Other services
  • Our Team
  • Careers
  • Client Login
  • News
    • Taking your pension?
    • Scam awareness
    • Pension Scams Action Group
  • Contact Us
  • Charity Corner
  • Blog

Blog

Mansion House 2023

Giorgia Carpagnano July 11, 2023

The Chancellor unveiled a set of innovative 'Mansion House reforms' aimed at unlocking capital within the financial services sector for the most thriving industries.

This initiative will not only boost returns for savers but also support economic growth across various sectors.

The government is introducing a range of actions aimed at enhancing the benefits for savers and improving the availability of funding for high-growth companies.


The government is:

  • announcing an industry led compact committing many of the UK’s largest Defined Contribution (DC) pension providers to the objective of allocating at least 5% of their default funds to unlisted equities by 2030

  • exploring demand for government to play a greater role in establishing investment vehicles, building on the skills and expertise of the British Business Bank

  • publishing consultation responses on small pots and decumulation, applying additional requirements to DC schemes to support further consolidation

  • publishing a consultation response setting out the intention to consult on draft regulations for whole-life multi-employer Collective Defined Contribution (CDC) schemes

  • publishing a consultation response on a permanent superfunds regulatory regime for Defined Benefit (DB) schemes

  • issuing a call for evidence on the role of the Pension Protection Fund and the part DB schemes play in productive finance

  • launching a consultation on accelerating the consolidation of Local Government Pensions Scheme assets

Today the government has also published a joint consultation response with The Pensions Regulator and the FCA on a new Value for Money Framework for DC schemes.

https://lnkd.in/euDd4BcT
https://lnkd.in/eMJwyqfr

  • Blog
  • Older
  • Newer

 

linkedin-unauth

© Hughes Price Walker 2025
Privacy policy

Hughes Price Walker

linkedin-unauth