SPP Response to the HM Treasury & DWP consultation, “Unlocking the UK pensions market for growth”

  • 16/01/2025

The Society of Pension Professionals (SPP) supports the Government’s overarching objectives to both invest more in the UK and boost saver returns. However, we aren’t convinced that these proposals are the best way to achieve this.

A minimum pension fund scale of £25bn AUM isn’t necessarily going to drive additional investment diversification or deliver better saver returns but could lead to unintended consequences of reducing competition, stifling innovation and potentially disadvantaging some minority groups.