Investment consultants must be regulated 'as matter of urgency' after LDI crisis

House of Lords committee also says pension accounting standards need review

Jonathan Stapleton
clock • 4 min read
Lord Hollick Source: parliament.uk (CC BY 3.0)
Image:

Lord Hollick Source: parliament.uk (CC BY 3.0)

The government should ensure that investment consultants are brought within the regulatory perimeter “as a matter of urgency”, a House of Lords committee says.

In a letter to economic secretary to the Treasury Andrew Griffith and minister for pensions Laura Trott, The House of Lords' Industry and Regulators Committee put forward a number of recommendation...

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 Investment

PRA launches consultation to enable insurers to accelerate UK investment

PRA launches consultation to enable insurers to accelerate UK investment

Framework looks to reduce barriers to enable insurers to benefit from investment opportunities

Martin Richmond
clock 16 April 2025 • 2 min read
UK inflation falls to 2.6% in March amid warnings of further price rises

UK inflation falls to 2.6% in March amid warnings of further price rises

CPIH at 3.4% in March, with inflation down from previous month's 2.8%

Sorin Dojan
clock 16 April 2025 • 2 min read
Nest Insight receives £1.5m commitment from The BlackRock Foundation

Nest Insight receives £1.5m commitment from The BlackRock Foundation

Commitment to help build on work to boost UK savings over the next three years

Holly Roach
clock 15 April 2025 • 1 min read
Trustpilot