Helping members run their schemes, June 2025 Update
02 June 2025, Blog
‘Mega-May’ is the rather snappy title suggested by our Policy Director, Zoe Alexander, for the Policy Insights Webinar that I’ll be chairing on Wednesday.
Zoe’s way with words is much sharper than mine and I think she’s really captured the point: it has indeed been a ‘mega’ month on the pensions policy front, with two major examples of what our team can do to bring our members together and represent the pensions industry.
The first ‘mega’, on which Zoe’s team has been working behind the scenes for months, was the Mansion House Accord – a voluntary commitment by a group of major pension schemes and insurers to invest in private markets and the UK economy. It answers the call from the Chancellor and Pensions Minister for more pensions investment in the UK and is a practicable alternative to the Government mandating your schemes’ investment strategies.
Regular readers of these emails will know this has been a long story and our team is pleased with the outcome they have secured. It’s been an awful lot of liaison and negotiation with HM Treasury, with other stakeholder organisations such as the ABI and City of London Corporation and with some of our own members - all of whom naturally have different investment requirements and risk appetites.
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