Reeves urged to 'unlock' productive investment from DC funds

Association warns failure to replace gap left by declining DB investments could have ‘profound consequences’

Martin Richmond
clock • 3 min read
Reeves urged to 'unlock' productive investment from DC funds

The Association of Real Estate Funds (AREF) has called on chancellor Rachel Reeves to use her upcoming Budget to ‘unlock’ productive investments from defined contribution (DC) schemes and the Local Government Pension Scheme.

The association, which is the trade body for investors in real estate with £50bn in assets under management, said in its submission letter for next month's Budget, that it supported the government'...

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