Defined Benefit Pension Reform Will Spur Limited UK Investment, Officials Warn

Defined benefit pension reform will spur limited UK investment, officials warn

Rules to release surpluses will only extract 5% of £160bn in excess assets, according to departmental assessment

Government promises sweeping changes for pension scheme savers under the Pension Schemes Bill (AJ Bell plc)

) Rachel Vahey 5 June 2025 Share: The government today published the Pension Schemes Bill, setting out a

Megafunds, consolidation, and investment. What do UK pension reforms mean for you?

With all recent talk about the government’s pension reforms and new terms like ‘megafunds’ flying around, it’s easy to feel overwhelmed. Let’s cut through the jargon and look at what it all means for you.Recently, the government announced some notable pension reforms, which are set to be introduced through the Pension Schemes Bill. Some of the reforms concern multi-employer defined contribution (DC) pension schemes, most commonly offered via the…

Madani economic reforms earn 50% score from Khairy

The ex-minister points to three key areas that demand changes: widening the tax base, rationalising subsidies and pension reforms.

Pensions Schemes Bill verdict: ‘Disappointing’ lack of detail - portfolio institutional

The final publication of the Pensions Schemes Bill has left many industry players underwhelmed and even disappointed. “We still very much support the government’s intent, but the LGPS content in the Pension Schemes Bill feels lacking,” said Iain Campbell, head of LGPS investment at consultancy Hymans Robertson. “We’re disappointed not to see more of the detail that supports implementation, and the goals for local investment,” added Campbell. “It…

UK pensions minister adamant government will not mandate investment

The government has included a ‘reserve power’ mechanism in the new Pension Schemes Bill, giving it power to mandate specific asset allocations