Written questions

Workplace Pensions: Investment

2026-05-13 · Department for Work and Pensions · HL146 · Official question

Question

To ask His Majesty's Government what assessment they have made of the extent to which investment strategy and asset allocation determine saver outcomes for pension schemes compared to the overall pension scheme scale.

Answer

The Impact Assessment published alongside the Pension Schemes Act 2026 sets out that increasing scale in defined contribution pension schemes is expected to improve outcomes for savers. It finds that larger schemes are better able to benefit from economie...