Image:
Mansion House Compact members will commit 5% of assets in default funds to unlisted equities by 2030
Firms have responded to the Mansion House Compact, which the government says could “unlock” £50bn of capital by 2030, saying the move could “unleash the superpower” of defined contribution (DC) schemes.
The compact, announced yesterday (10 July) in the chancellor's annual Mansion House speech, is an agreement between nine of the UK's largest DC pension providers to allocate 5% of assets in their d...
To continue reading this article...
Join Professional Pensions
Become a Professional Pensions Lite Member today
In just a few clicks you can start your free Professional Pensions Lite membership for 12 months, providing you access to:
- Three complimentary articles per month covering the latest real-time news, analysis and opinion from the industry
- Receive important and breaking news stories via our two daily news alerts
- Hear from industry experts and other forward-thinking leaders
Are you a trustee, investment consultant or in-house pension and benefit scheme professional? You can apply for full complimentary access here
