mandation


The SPP very much supports the Bill and most of its broad aims from PPF levy flexibility and surplus release to the concept of default decumulation and improving Value for Money for DC schemes. However, we have made various suggestions as to how the Bill could be improved and we fundamentally oppose the the reserve power for government to mandate investment in private market assets.

This SPP Paper is a response to government plans to introduce a power in the Pension Schemes Bill that will allow them to dictate how pension funds invest by requiring a prescribed percentage of investment in UK productive assets.