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Pension funds want clarity on bill requirement to invest in UK

By Sofia Gerace ( June 6, 2025, 15:01 GMT | Insight) -- Pension funds would like more clarity that a new UK government bill that could require them to invest in the UK would not contravene their legal duty to seek to provide the best possible returns for their customers, industry experts have said. On Thursday the center-left Labour government published its Pensions Schemes Bill which includes a provision that pension providers could be denied approval to operate default funds unless they commit to investing in UK-focused private markets.Pension funds would like more clarity that a new UK government bill that could require them to invest in the UK would not contravene their legal duty to seek to provide the best possible returns for their customers, industry experts have said....

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