From Morningstar:

Chancellor Jeremy Hunt announced further regulatory reforms to boost the domestic stock market in his 2024 pre-Election Budget speech. Defined contribution and local government pension schemes will have to disclose exposure to UK equities, per decision. Plans include new requirements to disclose international and UK equity investments, but not mandating specific investment amounts in UK markets. A Great British ISA with a separate £5,000 allowance was also announced.

A new “Pot For Life” proposal aims to limit small pension pots with multiple providers for savers in auto-enrolment schemes. Critics claim it may hinder competition and confuse savers, while supporters like Andrew Marker of Vanguard Europe support the move as a step towards clearer retirement planning and cost savings. The government also plans to raise £10 billion via green gilts issuance in 2024-25.



Read more at Morningstar: Budget Pension News: Schemes to Disclose UK Exposure