A brief examination of the Government’s planned pension reforms relating to British investments and plans to require Defined Contribution (DC) pension funds to disclose their levels of investment in British businesses, as well as their costs and net investment returns, by 2027.
Categories: Guides and Reports,
Tags: government, investment, Pensions,
The SPP broadly welcomes these proposals because of the additional flexibility that they will provide but there is a risk that they could lead to circumstances where schemes enter the PPF when they could otherwise have secured a higher benefit in the market.
Categories: Consultations & Formal Responses, Consultations & Publications,
The SPP welcomes the desire to make returning surpluses to employers easier for those that wish to but the proposals are not without risk; we have serious reservations about the implementation of a 100% underpin from the Pension Protection Fund (PPF); and whilst a public sector consolidator has many potential benefits, the precise rationale for such a consolidator remains unclear.
Categories: Consultations & Formal Responses, Consultations & Publications,
The SPP believes that much of the information requested by TPR in the Statement of Strategy is pragmatic and supports the use of a standard template. However, TPR should consider making changes that better reflect the needs of particular types of scheme and requesting less information.
Categories: Consultations & Formal Responses, Consultations & Publications,