UK minister in ‘active discussions’ with pension funds to invest more in private markets
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Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.The UK’s pensions minister is pushing retirement funds to invest more in private markets as part of wider plans to improve performance and consolidate £1.3tn of UK pension assets. Torsten Bell told the Financial Times that he was in “very active discussions” with managers of defined contribution schemes, which cover most workers, about increasing their voluntary..