UK. Government urged not to direct pension fund investment policy
The Pensions and Lifetime Savings Association (PLSA) has told the government that it should not direct the investment of defined benefit (DB) pension funds and should instead allow trustees to invest in assets that meet a scheme's risk-return characteristics and offer appropriate diversification. In a policy paper unveiled at PLSA’s Annual Conference 2023, the body called on the government and regulators to give DB schemes the freedom to take on more investment risk so that they can invest in assets...
