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Aims to raise an additional £4.7bn
Inviting responses on the reforms
Calls to ‘ignore’ Budget speculation
AUM increased to £181bn
Aims to cut times by up to 25%
Send joint letter
Pension funds are ‘far from another LDI crisis’
Letter from Michael Summersgill
Did not target workplace pensions
Impacting wealth transfer efficiency and legacy planning
26 November 2025
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7 min read
