The final report of the first phase of the Pensions Investment Review will be published in the Spring, chancellor Rachel Reeves has confirmed.
In a major speech on economic growth, delivered in Oxfordshire this morning (29 January), Reeves said the consultations on the measures included in the interim report, published in November, were now complete and the government would now move to finalise this part of the review. Reeves also noted the government's plans for defined benefit (DB) schemes – pointing to the announcement prime minister Keir Starmer and herself made yesterday (28 January) confirming government plans to lift restrictions on DB scheme surpluses. Reeves said: "In my Mansion House speech, I announced a series of...
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