Image:
The chancellor has confirmed the Treasury's intention to monitor the performance of DC and LGPS schemes in today's Budget (Credit: HM Treasury)
Chancellor Jeremy Hunt has reaffirmed the government’s intention to compel defined contribution (DC) schemes as well as Local Government Pension Schemes to disclose their level of investment in UK equities.
Following an announcement over the weekend unveiling plans to bar poorly performing DC schemes from new business, Hunt confirmed value for money (VfM) plans to "ensure better value from DC schemes"...
To continue reading this article...
Join Professional Pensions
Signup and gain exclusive members-only insights
- Unlimited access to real-time news, analysis and opinion from the industry
- Receive our in-depth monthly magazine in either print or digital format
- Access our Sustainable Investment Hub covering news and opinion from thought leaders in the ESG space
- Receive important and breaking news stories selected by the Editors in our daily newsletter
- Hear from industry experts and other forward-thinking leaders
- Receive a monthly members-only newsletter with exclusive opinion pieces from leading industry experts and a feature from the magazine in advance of its release date
