UK. Trustees need flexibility to make pension investments matter for long term
Politics can struggle to look past the next week. Fortunately, others must. Take pension funds, for example. Today’s youngest pension savers will retire into the world in 2070. What’s that world going to look like? Capital shapes the world around us. It finances our homes, our jobs, and the goods we consume. And UK pension funds sit on a lot of this capital; £2.5tn in total, equivalent to the size of the entire UK stock market or the annual GDP...
