Pension funds that don't back UK 'should be named and shamed'

Pension funds that don't back UK 'should be named and shamed'

Pension funds that don’t invest in UK assets should be named and shamed, the architect of the Mansion House Compact has said, as he called for “bold” action to address problems in London’s capital markets. Sir Nicholas Lyons, chairman of Phoenix Group, said transparency was the best way to catalyse more investment into the UK by the sector. “Bold is the key word,” he said in an interview with the Telegraph. “I think the biggest risk is that we’r…

Innovative 'collective' pension funds to deliver higher incomes and lower risks for future pensioners | Today's Wills and Probate

More people than ever are saving into a workplace pension – £28 billion more in 2020 than in 2012 – with most of these pension pots being Defined