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class="govuk-grid-row"> <div class="govuk-grid-column-two-thirds"> <div class="gem-c-title govuk-!-margin-top-8 govuk-!-margin-bottom-8"> <span class="govuk-caption-xl gem-c-title__context"> Open consultation </span> <h1 class="gem-c-title__text govuk-heading-l"> Broadening the investment opportunities of defined contribution pension schemes </h1> </div> </div> </div> <div class="govuk-grid-row"> <div class="metadata-logo-wrapper"> <div class="govuk-grid-column-two-thirds metadata-column"> <div class="gem-c-metadata govuk-!-margin-bottom-3" data-module="gem-toggle metadata"> <dl data-module="gem-track-click"> <dt class="gem-c-metadata__term">From:</dt> <dd class="gem-c-metadata__definition"> <a class="govuk-link" href="/web/20221006231022/https://www.gov.uk/government/organisations/department-for-work-pensions">Department for Work and Pensions</a> </dd> <dt class="gem-c-metadata__term">Published</dt> <dd class="gem-c-metadata__definition">6 October 2022</dd> </dl> </div> </div> <div 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404.514c-.001.12-.009.239-.009.359 0 30.078 24.383 54.461 54.461 54.461s54.461-24.383 54.461-54.461c0-.12-.008-.239-.009-.359H175.216zM403.549 336.438l-49.015-72.002v-89.83c0-60.581-43.144-111.079-100.381-122.459V24.485C254.152 10.963 243.19 0 229.667 0s-24.485 10.963-24.485 24.485v27.663c-57.237 11.381-100.381 61.879-100.381 122.459v89.83l-49.015 72.002a24.76 24.76 0 0 0 20.468 38.693H383.08a24.761 24.761 0 0 0 20.469-38.694z"></path></svg>Get emails about this page </button> </form> </div> <div class="govuk-grid-row"> <div class="govuk-grid-column-two-thirds"> <section class="app-c-banner app-c-banner--aside" aria-label="Notice" lang="en"> <h2 class="app-c-banner__title">Summary</h2> <p class="app-c-banner__desc"> This includes the government’s response to the March 2022 - Facilitating Investment in illiquid assets – chapter 2 and seeks views on draft regulations and guidance on the exemption of performance-based fees from the regulatory charge cap proposals. </p> <p class="app-c-banner__desc"> This consultation closes at<br> <span class="consultation-date"><time datetime="2022-11-11T00:00:00.000+00:00">11:59pm on 10 November 2022</time></span> </p> </section> <div class="consultation-description"> <h2 class="gem-c-heading gem-c-heading--font-size-27 gem-c-heading--mobile-top-margin">Consultation description</h2> <div class="gem-c-govspeak govuk-govspeak " data-module="govspeak"> <div class="govspeak"> <p>It also seeks your views on draft regulations and guidance on the exemption of performance-based fees from the regulatory charge cap proposals designed to stimulate illiquid investment by occupational Defined Contribution (<abbr title="Defined Contribution">DC</abbr>) pension schemes.</p> <h2 id="how-to-respond-to-this-consultation">How to respond to this consultation</h2> <p>Please send your consultation responses on the template provided by email to:</p> <p><abbr title="Defined Contribution">DC</abbr> Policy, Investment and Governance Team at the shared email address: <a href="http://web.archive.org/web/20221006231022/mailto:pensions.investment@dwp.gov.uk" class="govuk-link">pensions.investment@dwp.gov.uk</a></p> </div> </div> <section id="documents"> <h2 class="gem-c-heading gem-c-heading--font-size-27 gem-c-heading--mobile-top-margin">Documents</h2> <div class="gem-c-govspeak govuk-govspeak direction-ltr" data-module="govspeak"> <section class="attachment embedded" id="attachment_6943619"> <div class="attachment-thumb"> <a aria-hidden="true" class="thumbnail" tabindex="-1" href="/web/20221006231022/https://www.gov.uk/government/consultations/broadening-the-investment-opportunities-of-defined-contribution-pension-schemes/consultation-broadening-the-investment-opportunities-of-defined-contribution-pension-schemes"><svg version="1.1" viewbox="0 0 99 140" width="99" height="140" aria-hidden="true"> <path d="M30,95h57v9H30V95z M30,77v9h39v-9H30z M30,122h48v-9H30V122z M12,68h9v-9h-9V68z M12,104h9v-9h-9V104z M12,86h9v-9h-9V86z M12,122h9v-9h-9V122z M87,12v27H12V12H87z M33,17h-4v8h-6v-8h-4v18h4v-7l6,0v7l4,0V17z M49,17H35l0,3h5v15h4V20l5,0V17z M68,17h-4 l-5,6l-5-6h-4v18h4l0-12l5,6l5-6l0,12h4V17z M81,32h-6V17h-4v18h10V32z M30,68h57v-9H30V68z" stroke-width="0"></path> </svg> </a> </div> <div class="attachment-details"> <h3 class="title govuk-!-font-size-27 govuk-!-font-weight-regular"><a class="govuk-link" href="/web/20221006231022/https://www.gov.uk/government/consultations/broadening-the-investment-opportunities-of-defined-contribution-pension-schemes/consultation-broadening-the-investment-opportunities-of-defined-contribution-pension-schemes">Consultation: Broadening the investment opportunities of defined contribution pension schemes </a></h3> <p class="govuk-body metadata"> <span class="type">HTML</span> </p> </div> </section><section class="attachment embedded" id="attachment_6943620"> <div class="attachment-thumb"> <a aria-hidden="true" class="thumbnail" tabindex="-1" href="/web/20221006231022/https://www.gov.uk/government/consultations/broadening-the-investment-opportunities-of-defined-contribution-pension-schemes/draft-statutory-guidance-disclose-and-explain-asset-allocation-reporting-and-performance-based-fees-and-the-charge-cap"><svg version="1.1" viewbox="0 0 99 140" width="99" height="140" aria-hidden="true"> <path d="M30,95h57v9H30V95z M30,77v9h39v-9H30z M30,122h48v-9H30V122z M12,68h9v-9h-9V68z M12,104h9v-9h-9V104z M12,86h9v-9h-9V86z M12,122h9v-9h-9V122z M87,12v27H12V12H87z M33,17h-4v8h-6v-8h-4v18h4v-7l6,0v7l4,0V17z M49,17H35l0,3h5v15h4V20l5,0V17z M68,17h-4 l-5,6l-5-6h-4v18h4l0-12l5,6l5-6l0,12h4V17z M81,32h-6V17h-4v18h10V32z M30,68h57v-9H30V68z" stroke-width="0"></path> </svg> </a> </div> <div class="attachment-details"> <h3 class="title govuk-!-font-size-27 govuk-!-font-weight-regular"><a class="govuk-link" href="/web/20221006231022/https://www.gov.uk/government/consultations/broadening-the-investment-opportunities-of-defined-contribution-pension-schemes/draft-statutory-guidance-disclose-and-explain-asset-allocation-reporting-and-performance-based-fees-and-the-charge-cap">Draft statutory guidance: Disclose and Explain asset allocation reporting and performance-based fees and the charge cap</a></h3> <p class="govuk-body metadata"> <span class="type">HTML</span> </p> </div> </section><section class="attachment embedded" id="attachment_6943621"> <div class="attachment-thumb"> <a aria-hidden="true" class="thumbnail" tabindex="-1" href="/web/20221006231022/https://www.gov.uk/government/consultations/broadening-the-investment-opportunities-of-defined-contribution-pension-schemes/impact-assessment-consultation-broadening-the-investment-opportunities-of-defined-contribution-pension-schemes"><svg version="1.1" viewbox="0 0 99 140" width="99" height="140" aria-hidden="true"> <path d="M30,95h57v9H30V95z M30,77v9h39v-9H30z M30,122h48v-9H30V122z M12,68h9v-9h-9V68z M12,104h9v-9h-9V104z M12,86h9v-9h-9V86z M12,122h9v-9h-9V122z M87,12v27H12V12H87z M33,17h-4v8h-6v-8h-4v18h4v-7l6,0v7l4,0V17z M49,17H35l0,3h5v15h4V20l5,0V17z M68,17h-4 l-5,6l-5-6h-4v18h4l0-12l5,6l5-6l0,12h4V17z M81,32h-6V17h-4v18h10V32z M30,68h57v-9H30V68z" stroke-width="0"></path> </svg> </a> </div> <div class="attachment-details"> <h3 class="title govuk-!-font-size-27 govuk-!-font-weight-regular"><a class="govuk-link" href="/web/20221006231022/https://www.gov.uk/government/consultations/broadening-the-investment-opportunities-of-defined-contribution-pension-schemes/impact-assessment-consultation-broadening-the-investment-opportunities-of-defined-contribution-pension-schemes">Impact Assessment (consultation): Broadening the investment opportunities of defined contribution pension schemes </a></h3> <p class="govuk-body metadata"> <span class="type">HTML</span> </p> </div> </section><section 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src="http://web.archive.org/web/20221006231022js_/https://www.gov.uk/assets/static/application-087272cd04e26ba8d2c7c0ccef5db8dcc67495fdae7ef356f838d916abeda4c6.js"></script> <script src="/web/20221006231022js_/https://www.gov.uk/assets/government-frontend/application-cc1b87cb7f7a7266f46b044ca2fdbe06fe48f196c15b5dbc53f62ca09af57aba.js"></script><script type="application/ld+json"> { "@context": "http://web.archive.org/web/20221006231022/http://schema.org", "@type": "Article", "mainEntityOfPage": { "@type": "WebPage", "@id": "http://web.archive.org/web/20221006231022/https://www.gov.uk/government/consultations/broadening-the-investment-opportunities-of-defined-contribution-pension-schemes" }, "name": "Broadening the investment opportunities of defined contribution pension schemes", "datePublished": "2022-10-06T08:30:04.000+00:00", "dateModified": "2022-10-06T08:30:03.000+00:00", "text": "This includes the government’s response to the March 2022 - Facilitating Investment in illiquid assets – chapter 2 and seeks views on draft regulations and guidance on the exemption of performance-based fees from the regulatory charge cap proposals.", "publisher": { "@type": "Organization", "name": "GOV.UK", "url": "http://web.archive.org/web/20221006231022/https://www.gov.uk", "logo": { "@type": "ImageObject", "url": "http://web.archive.org/web/20221006231022/https://www.gov.uk/assets/government-frontend/govuk_publishing_components/govuk-logo-73b5a4056ffe9988d02c728b56fe9fe7f90bb822322a5f6183ccbb92a99b019a.png" } }, "image": [ "http://web.archive.org/web/20221006231022/https://www.gov.uk/assets/government-frontend/govuk_publishing_components/govuk-schema-placeholder-1x1-bf9e64d759af6dfd93bede8168f3087a329f405b382aff36747db0db4b7b23e9.png", "http://web.archive.org/web/20221006231022/https://www.gov.uk/assets/government-frontend/govuk_publishing_components/govuk-schema-placeholder-4x3-13093f053c15f613acd827aff27cac83d3fab452947cbcae4c7b706dadf2f7f2.png", "http://web.archive.org/web/20221006231022/https://www.gov.uk/assets/government-frontend/govuk_publishing_components/govuk-schema-placeholder-16x9-4233cd42671827e266e284c4d5ae68fb600bd9f9e35dda663ccabbc2b6ab7ec3.png" ], "author": { "@type": "Organization", "name": "Department for Work and Pensions", "url": "http://web.archive.org/web/20221006231022/https://www.gov.uk/government/organisations/department-for-work-pensions" }, "about": [ { "@context": "http://web.archive.org/web/20221006231022/http://schema.org", "@type": "Thing", "sameAs": "http://web.archive.org/web/20221006231022/https://www.gov.uk/work/pensions-and-ageing-society" } ], "headLine": "Broadening the investment opportunities of defined contribution pension schemes", "description": "This includes the government’s response to the March 2022 - Facilitating Investment in illiquid assets – chapter 2 and seeks views on draft regulations and guidance on the exemption of performance-based fees from the regulatory charge cap proposals.", "articleBody": "\u003cdiv class=\"govspeak\"\u003e\n\u003cp\u003eIt also seeks your views on draft regulations and guidance on the exemption of performance-based fees from the regulatory charge cap proposals designed to stimulate illiquid investment by occupational Defined Contribution (\u003cabbr title=\"Defined Contribution\"\u003eDC\u003c/abbr\u003e) pension schemes.\u003c/p\u003e\n\n\u003ch2 id=\"how-to-respond-to-this-consultation\"\u003eHow to respond to this consultation\u003c/h2\u003e\n\n\u003cp\u003ePlease send your consultation responses on the template provided by email to:\u003c/p\u003e\n\n\u003cp\u003e\u003cabbr title=\"Defined Contribution\"\u003eDC\u003c/abbr\u003e Policy, Investment and Governance Team at the shared email address: \u003ca href=\"mailto:pensions.investment@dwp.gov.uk\" class=\"govuk-link\"\u003epensions.investment@dwp.gov.uk\u003c/a\u003e\u003c/p\u003e\n\n\u003c/div\u003e" } </script><script type="application/ld+json"> { "@context": 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