Pension Fund Power Struggle: Why the UK Wants Your Retirement Money to Stay at Home
The UK government is encouraging pension funds to invest more in British infrastructure and businesses through the Mansion House Compact II. While the initiative could unlock up to £80 billion for domestic growth, it also raises questions about fiduciary duties and potential political overreach. This guide explains what the reforms mean for your pension, how the industry is responding, and what you can do to protect your retirement savings.