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Government encourages alternative to derisking and buyout – C-Suite Pension Strategies

Direct benefit (DB) pension scheme public policy is given new direction by the Autumn Statement. Long-term investment in productive assets is now expected.

Posted on Dec 08, 2023

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... ’Derisk and get rid asap’ now runs against public policy for strong DB scheme sponsors. ‘Run On 4 Good’ replaces the endgame. Chancellor and DWP minister tell The Pensions Regulator (TPR) and The Financial Conduct Authority (FCA) exactly what they now want.

Commenting on the Autumn Statement and related letters, C-Suite’s CEO William McGrath said, “’Derisk and get rid asap’ now runs against public policy for strong DB scheme sponsors. ‘Run On 4 Good’ replaces the endgame.”

The chancellor, Jeremy Hunt and the Secretary of State for Work and Pensions, Mel Stride tell The Pensions Regulator (TPR) and The Financial Conduct Authority (FCA) exactly what they now want.

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