DC schemes told to 'seize the moment' with illiquids

BoE, Treasury and FCA group outlines ideas for an easier investment environment for DC

Hope William-Smith
clock • 3 min read
Bank of England governor Andrew Bailey
Image:

Bank of England governor Andrew Bailey

The Productive Finance Working Group (PFWG) has outlined a series of recommendations to facilitate a suitable environment for defined contribution (DC) schemes to benefit from “appropriate long-term opportunities” including investment in illiquid assets.

Four main recommendations are outlined in ‘A roadmap for increasing productive finance investment' - published yesterday (27 September) by the group, which is industry led and co-chaired by the Ban...

To continue reading this article...

Join Professional Pensions

Become a Professional Pensions Lite Member today

  • Three complimentary articles per month covering the latest real-time news, analysis and opinion from the industry
  • Receive important and breaking news stories via our two daily news alerts
  • Hear from industry experts and other forward-thinking leaders

Join now

 

Already a Professional Pensions
member?

Login

More on Defined Contribution

'Decisive action' needed to address £100,000 gender pensions gap

'Decisive action' needed to address £100,000 gender pensions gap

20th Scottish Widows ‘Women and Retirement report’ addresses progress on gender pensions gap

Jasmine Urquhart
clock 13 November 2024 • 4 min read
Pensions dashboards could lead to more than £2bn in lost savings by 2030

Pensions dashboards could lead to more than £2bn in lost savings by 2030

Research finds two-fifths of savers likely to use dashboards to carry out a pension transfer

Martin Richmond
clock 13 November 2024 • 3 min read
Will VfM reforms deliver what the DC industry needs?

Will VfM reforms deliver what the DC industry needs?

Jacqui Reid says there are two significant problems with the FCA’s proposed approach

Jacqui Reid
clock 13 November 2024 • 4 min read
Trustpilot