If Rachel Reeves becomes Chancellor, she would have to incentivise funds to invest for the benefit of current pension savers and generations to come. The Conservatives are ideologically averse to compelling pension funds to invest in UK assets. This free market purism defies common sense as capital drains out of this country. Given the £70billion or so a year of tax breaks for pension saving, it's not unreasonable to ask them, in return, to invest more in the UK. ...read
RUTH SUNDERLAND: Labour's £1trillion challenge on pension funds
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