In this our latest blog on Mansion House reforms, we turn from DC to DB, and more specifically to those record surpluses that many schemes are now enjoying.
These have understandably caught the eye of the Government. Imagine what UK plc could do with a £150bn cash injection – and imagine the tax on it.
In this third blog on the Mansion House reforms, by way of an update to our second, we turn our attention to the new Mansion House Accord and how it relates to the old Mansion House Compact. This is a different strand of Government policy – it is not legally binding, but rather a voluntary
In our first blog on the Government’s Mansion House reforms we considered the humble fiduciary duty, and its potential to deter trustees from investing in UK growth assets.
In this second blog we turn our attention to proposed changes to the Mansion House Compact. This is a different strand of Government policy – the Compact
This is the first in a series of blogs about the Government’s Mansion House reforms, and its goal to get pension schemes doing more for the UK economy.
Perhaps the biggest challenge to the Government’s ambition for pension schemes to drive UK growth is the humble fiduciary duty. Put simply, trustees must choose investments that