Article
Mandation And Pension Scheme Investment: What Does It Mean For Trustees?
The Pension Schemes Act 2026 introduces reserve powers allowing the UK government to mandate investment allocations for DC master trusts, potentially overriding trustee fiduciary duties. This analysis examines the scaled-back mandation provisions, their relationship to the Mansion House Accord's voluntary commitments, and the safeguards designed to protect trustees while channeling pension assets into unlisted investments and UK markets.
Womble Bond Dickinson