Gov't Told Pensions Illiquid Investment Plan Brings Costs
By Irene Madongo (May 9, 2022, 3:13 PM BST) -- Proposals to compel larger defined contribution retirement plans to disclose their investments in illiquid assets to members could prove to be costly and unfruitful, a pensions consultancy said on Monday.
Lane Clark & Peacock raised its concerns in response to government plans for pension schemes with more than £100 million ($124 million) in assets to state details about their illiquid investments, in a move to boost transparency and enhance competition.
The measures are part of a government consultation that closes on Wednesday and is aimed at pension scheme trustees, members and civil society organizations.
Under the proposals put forward by the...
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