We have responded to the announcement of a survey on asset allocation as part of the Treasury’s Pension Investment Review.
Ensuring consumers get good value from their pension savings is an important goal. This lies at the heart of the work we have been doing to introduce a value for money (VFM) framework.
Last year, we consulted on suggestions for a VFM framework which included proposals relating to asset allocation data disclosure.
We plan to contact relevant firms later this year and ask them to provide data in early 2026 so we can better understand how firms think about asset allocation and refine our proposed rules.
We are working closely with the Government and The Pensions Regulator (TPR) to make sure the proposals for the contract-based and trust-based sides of the pension market align wherever possible.