Latest Developments in the UK Pension Landscape: A Closer Look at Government Reviews and Market Changes
Friday, 2 August 2024, 12:54
UK Pension Review Overview
The UK government's recent pension review has significant implications for the industry
Key Appointments
- Rachel Reeves takes charge as the new DWP secretary of state.
- Anticipated influence on labor and pension policies.
Regulatory Insights
- The King's Speech introduces reforms affecting pension funding.
- Focus on the new DB Funding Code, aimed at increasing fund stability.
- Exploration of the implications for private equity firms.
Market Developments
Additionally, a new bulk-annuity market entrant is on the rise, signaling potential shifts in insurance strategies.
This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.