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Average DC defaults have 10% invested in US tech stocks, PensionBee has found
The average UK defined contribution (DC) default arrangement has around 10% of its funds invested in the ‘magnificent seven’ tech firms, analysis from PensionBee has found.
The pension provider released its findings after it analysed the allocations of three default funds provided by The People's Pension (global investments – up to 85% shares), Nest (higher risk fund)...
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