SPP

Survey finds most respondents expect AI to be used in up to half of their services

Government will not require DC schemes to invest more than 10% of total assets

Move follows Lords vote to remove reserve investment power from Pension Schemes Bill

Society says it has close to 90 members employing over 20,000 industry professionals

Retirement CDC will have ‘materially positive’ impact on future savers

Guy Jackson says advisers and employers are now operating under a more structured framework

SPP submits response, noting scope for method choice may be constrained by scheme design

But SPP survey shows most with a plan have not reviewed, tested or rehearsed it

Body says implementation ‘must be practical’ and that sharper definitions are needed

Industry jubilant as mandation power brought into line with the Mansion House Accord