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London Lord Mayor criticized British companies to eliminate more expensive managers who invest more expensive managers who have received their lowest rights.
“We ended with a large number of capital watchers and retirement containers with large number of fixed income,” This is in an interview with an industrial period in the last 10 years.
In 2006, the king where the active manager was found in Naisbitt King, can invest more in specialist areas such as pension providers, infrastructure, private debt and early companies.
This will allow them to obtain “everything this is the case”.
However, the research from the government’s actuarial department in November showed only 2 percent of the model portfolio of private markets over a period of 30 years.
696 Lord Mayor, on Tuesday, in the speech of the annual homeowner house, he said, as a new “employer pension collateral”.
Under the collateral, 15 companies have agreed to pay attention to net declarations to focus on net declarations in the selection of the defined provider (DC) pension provider (DC).
Among those signed between Tesco, Natwest Group, Standard Chartered, AVIVA, Law and General, Schroders, Samworth Brothers, London Stock Exchange Group, Octopot Group, Phoenix Group and Aberdeen.
Most groups already manage their retirement schemes.
The action is the last part of the effort to invest more in English to increase Britain’s slow economies to increase the UK’s slow economy.
Under a voluntary commitment named Mansion House Accord On May 17, pension providers in the largest DC workplace in Britain, at least 5 percent of their assets, provided 5 percent of its assets to 2030, and the assets are quite attractive.
King said that Britain’s DC pension providers will invest 14 percent of their assets for English DC schemes, according to private equity and infrastructure.
Lord Mayor London Corporation lives in the house of the local management of square miles and the local management of the square mile.
His speech comes as the Chancellor Rachel Reeves returned back The plans to reduce cash allowance after the establishment of societies and consumer champions.
The king said he encouraged the treasury to facilitate the system of Jesus, so you have an ISA account, Lifetime ISA, Innovative Finance ISA and Junior ISA.
Chancellor’s Saturday is a new pension commission, with a new pension commission, a new pension commission, a new pension commission to find the best way to eliminate retirees, and financial advice are expected to increase with a new pension commission.
King was added to the increase in the growing votes on the increase in inconvenience of the UK government’s recent non-dom-domestic taxes and inheritance tax rules.
The city mayor hopes that the Chancellor’s house could make a tax announcement, but the government has prepared a claim and “something that needs to be corrected.”