Don't force pension funds to buy British, Aviva chief warns ministers

'Pension funds shouldn't be pushed into private equity sector'

The private-equity party is over, so don't push pension funds into the sector, says Merryn Somerset Webb.

Aviva warns against forcing UK pension funds to buy domestic assets – Your Capital Minds

Dame Amanda Blanc, chief executive of Aviva, has warned that giving the government power to force pension funds to invest in UK assets would be a serious misstep, describing such a move as “a sledgehammer to crack a nut”. Speaking on Thursday, Blanc insisted that defined contribution pensions must be invested in the best interests of individual savers, and that any effort to compel schemes to allocate capital to specific UK assets would risk und…

Aviva warns against forcing UK pension funds to buy domestic assets

Dame Amanda Blanc, chief executive of Aviva, has warned that giving the government power to force pension funds to invest in UK assets would be a serious misstep, describing such a move as “a sledgehammer to crack a nut”. Speaking on Thursday, Blanc insisted that defined contribution pensions must be invested in the best interests of individual savers, and that any effort to compel schemes to allocate capital to specific UK assets would risk und…

Don't force pension funds to buy British, Aviva chief warns ministers

British pension funds should not be forced to invest in UK assets, the boss of one of London’s biggest insurance firms has said, in a rebuke of the government’s pension reforms plans. The Treasury this week helped seal a voluntary, non-binding agreement by pension funds, dubbed the Mansion House Accord, will see increased investment into major infrastructure projects as well as greater venture capital investment into fast-growing startups, in a …