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Bank of England governor Andrew Bailey
The Productive Finance Working Group (PFWG) has outlined a series of recommendations to facilitate a suitable environment for defined contribution (DC) schemes to benefit from “appropriate long-term opportunities” including investment in illiquid assets.
Four main recommendations are outlined in ‘A roadmap for increasing productive finance investment' - published yesterday (27 September) by the group, which is industry led and co-chaired by the Ban...
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