Autumn Statement 2023: Pensions Investment Reform

Letter from the Chancellor and Secretary of State for Work and Pensions to the Chief Executive of the Financial Conduct Authority

Letter from the Chancellor and Secretary of State for Work and Pensions to the Chief Executive of the Pensions Regulator

The Chancellor of the Exchequer and the Secretary of State for Work and Pensions have jointly written to the Financial Conduct Authority and the Pensions Regulator providing further information on the pensions investment measures announced at Autumn Statement 2023.

The letter sets out the government’s vision for the pensions market in 2030 that ensures there are suitable retirement options for savers, supported by a streamlined pension provider market that is continually challenged to deliver value for every member. It welcomes the regulators’ continued support in implementing policy announcements to deliver this vision.