
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...
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