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

Will the Pensions Review herald long overdue integrated policy making?

Will the Pensions Review herald long overdue integrated policy making?

Stephanie Hawthorne asks the industry what should be the Pension Review’s priorities?

Stephanie Hawthorne
clock 24 October 2024 • 12 min read
Three key policy asks to ensure better decumulation outcomes for savers

Three key policy asks to ensure better decumulation outcomes for savers

Standard Life sets out its wishlist for decumulation reform

Jonathan Stapleton
clock 24 October 2024 • 3 min read
PLSA 24: DC consolidation must be in the members' best interest

PLSA 24: DC consolidation must be in the members' best interest

Industry panel says efforts to address adequacy and consolidation efforts must be right for savers

Martin Richmond
clock 17 October 2024 • 3 min read
Trustpilot