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Prudence and productivity: Walking the Mansion House tightrope
Since the Mansion House Compact of 2023, many large UK pension schemes have been committing to shift investment strategy.
DWP response: broadening investment opportunities of DC pension schemes
United Kingdom | Publication | February 2023
The DWP has published its response to the consultation on broadening the investment opportunities of DC schemes.
The consultation sought views on draft regulations and draft statutory guidance introducing:
- A requirement for relevant DC schemes to disclose and explain policies relating to illiquid asset investment and asset allocation generally in their default fund statement of investment principles.
- An exemption of performance-based fees from the regulatory charge cap applying to default funds.
The draft amending regulations were laid before Parliament on January 30, 2023. The exemption for performance-based fees is due to come into force on April 6, 2023, and the “disclose and explain” requirements for illiquid investments will be in force
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Essential Corporate News: Weeks ending 2 and 9 January 2026
On 30 December 2025, the Department for Business and Trade (DBT) published guidance for large companies that are now required by The Companies (Directors’ Report) (Payment Reporting) Regulations 2025 to report in their directors’ reports some of the information on their payment practices, policies and performance that they are required to report under the Reporting on Payment Practices and Performance Regulations 2017.
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Cryptoasset Trading Platforms: What are the latest proposals?
Since HM Treasury published the new Cryptoassets Regulations and the Financial Conduct Authority (FCA) published its latest series of consultation papers (CP25/40, 41 and 42) in December 2025, we have a little more clarity on the approach that is likely to be taken to various providers of cryptoasset services, including operators of cryptoasset trading platforms (CATPs).
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