AIMA and ACC respond to UK Charge Cap Reform consultation

Published: 11 November 2022

On Thursday 10 November, the Alternative Investment Management Association (“AIMA”) and the Alternative Credit Council (“ACC”) submitted a letter to the Department for Work and Pensions (DWP) in response to the DWP’s consultation: Broadening the investment opportunities of defined contribution pension schemes.

Following consultation with members, we have proposed several responses and observations to the draft Regulations and Guidelines. We believe the proposals generally accomplishes the Government’s intention to broaden the investment possibilities for DC pension schemes. Our comments primarily relate to areas of the text that can be refined to provide greater clarity for DC pension schemes and asset managers as to the scope and applicability of the guidance.

For further information please contact Sam Koslover ([email protected])