Spring Budget, general levy consultation and DB scheme statements of strategy
Award comes in bid to unlock private capital to support innovative companies in the UK
Industry hopes PfL is ‘quietly dropped’ while DC rules welcomed if outcomes prioritised
Government working with ABI to ‘finalise a framework’ for monitoring participation
Jeremy Hunt confirms the government will continue to explore potential pot for life model
Chancellor confirms intention to allow TPR and FCA to monitor DC performance
Follows a year long consultation after last year's Budget
Professional Pensions asks leading industry figures for their thoughts on today’s statement