Briefing Note
Chancellor Jeremy Hunt’s Mansion House Speech: Implications for DB schemes and DC savers
13 Jul 2023
On 10 July, the Chancellor delivered his annual Mansion House speech, providing a comprehensive review of the current economic landscape and outlining a number of reforms and initiatives intended to support pension savings.
Initiatives range from the Mansion House Compact, enabling access to private markets; further work to consolidate small pots; the introduction of a new value for members framework; and the idea of a DB Superfund.
In this briefing note, we cover the reforms for DC and DB pension schemes set out in the Chancellor’s speech, including:
- The three "golden rules"
- Key initiatives from DC perspective
- Key initiatives from DB perspective
If you have any questions on anything covered in this briefing note, please get in touch.
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