An influential financial think-tank has called on the UK government to amend a bill to force workplace pension default funds to invest more in UK equities, proposing an allocation that could drive more than £75b into British stocks by the end of the decade.
New Financial said on Thursday that there is a “window of opportunity” for the government to create UK-weighted default funds across the defined contribution (DC) pension system.
https://www.ft.com/content/e2e0f872-4526-481f-aa52-1b1122e35241
