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UK’s largest pension funds commit to increasing riskier investments

By Phoebe Seers ( July 10, 2023, 17:00 GMT | Insight) -- Pension funds representing more than two-thirds of the UK’s entire defined contribution market have committed to investing at least 5 percent of their assets in unlisted companies by the end of the decade, the finance ministry said today. The Treasury says it reckons the Mansion House Reforms will boost the average pension pot by more than 1,000 pounds a year.Pension funds representing more than two-thirds of the UK’s entire defined contribution market have committed to investing at least 5 percent of their assets in unlisted companies by the end of the decade, the finance ministry said today. ...

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