UK. Scale, support and sustainability to define DC pensions market in 2026
LCP expects 2026 to be a pivotal year for the defined contribution (DC) pensions market, driven by new regulation taking shape, tax reform and evolving member expectations. LCP is urging employers and trustees to act early to stay ahead of the curve. LCP’s five key areas of focus for employers and trustees are: 1. Pension Schemes Bill Royal Assent for the Pension Schemes Bill this year will introduce value-for-money (VfM) requirements, small-pot consolidation and post-retirement defaults. LCP is advising trustees to start benchmarking...
