Written Question·Department for Work and Pensions·UIN 18312

Workplace Pensions

Tabled: 13 July 2026

Answered: 20 July 2026

Question

Callum Anderson

To ask the Secretary of State for Work and Pensions, what estimate he has made of the proportion of defined contribution pension assets that will be managed by schemes with more than £25 billion in assets by 2030.

Answer

Torsten Bell

As set out in the Department for Work and Pensions’ November 2024 publication “Pension fund investment and the UK economy” the largest 5 and 10 defined contribution funds (either a Master Trust or GPP) in the UK held 55% and 74% of total DC assets respect...

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