Labour plans pensions review if party takes power

Part of party’s plans to ‘reinvigorate’ UK’s capital markets

Martin Richmond
clock • 3 min read

The Labour Party has announced its intention to carry out an “in-government pensions and retirement savings review” if it wins the next general election.

In its paper Financing Growth - published yesterday (31 January) - Labour confirmed it would conduct the review of the pensions framework to "evaluate" whether it provides savers with sustainable incomes in retirement. As part of the review, the opposition party said it would work with industry and consumer groups to provide savers with the "best possible" returns and would also identify the barriers to increased investment by pension schemes into UK productive assets. Labour said its review would look at the entire pensions ecosystem across defined benefit (DB), defined contribution ...

To continue reading this article...

Join Professional Adviser for free

  • Unlimited access to real-time news, industry insights and market intelligence
  • Stay ahead of the curve with spotlights on emerging trends and technologies
  • Receive breaking news stories straight to your inbox in the daily newsletters
  • Make smart business decisions with the latest developments in regulation, investing retirement and protection
  • Members-only access to the editor’s weekly Friday commentary
  • Be the first to hear about our events and awards programmes

Join

 

Already a Professional Adviser member?

Login

More on Pensions

Implementation: Getting to grips with the long-awaited pensions dashboard

Implementation: Getting to grips with the long-awaited pensions dashboard

Increased engagement should result in more informed retirement planning

Dom House
clock 19 March 2025 • 4 min read
SSASs and developing property: Everything advisers need to know

SSASs and developing property: Everything advisers need to know

Property development within a SSAS ‘huge benefit for SME business owners’

Jenna Brown
clock 12 March 2025 • 5 min read
First three firms complete pensions dashboards ecosystem connection

First three firms complete pensions dashboards ecosystem connection

Heywood, L&G and Pension Fusion have completed final stages required to connect

Holly Roach
clock 05 March 2025 • 3 min read