Part I – Response to Pensions Investment Review 2025

17 January 2025

We have responded to the Government’s consultation on “Unlocking the UK Pension Market for Growth”.

We support the government’s exploration of measures to deliver greater value to DC savers, and to support the UK economy and broader sustainability objectives.

As professional trustees, our duty is to the beneficiaries of the schemes we govern. Whilst we recognise the benefits that scale can bring, the timescales must be carefully considered to avoid unintended consequences that may harm members. It is vital that space remains for innovation to flourish and for members to have the opportunity to benefit from high quality, good value bespoke solutions, which can be delivered without the scale of ‘mega-funds’. Maximising investment returns is only one part of the challenge and we would urge government to commence phase 2 of the Pension Review at the earliest opportunity to properly address the adequacy challenge.

Read our full response here.

Key Contact

Louise Davey

Trustee Director | Head of Policy & External Affairs

What's New?

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IGG hires Andrew McIlhinney as Trustee Director

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25 Aug 2026

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ADDRESS

4th Floor Cannon Place
78 Cannon Street
London
EC4N 6HL

CONTACT

Independent Governance Group ("IGG") is the trading name of Ross Trustees Services Limited (07904277), Clarity Trustees Limited (12470917), Independent Trustee Limited (02473669), Independent Trustee Services Limited (02567540) and Leadenhall Independent Trustees Limited (02303944) all registered in England and Wales at the following address: 4th Floor Cannon Place, 78 Cannon Street, London EC4N 6HL.

The Independent Governance Group of companies also includes IC Select Limited (SC331180) registered in Scotland c/o DWF LLP, 103 Waterloo Street, Glasgow G2 7BW, as well as KGC Associates Limited (08202496) and Like Minds UK Limited (05579121) which are both registered in England and Wales at 4th Floor Cannon Place, 78 Cannon Street, London EC4N 6HL.

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