A report by New Financial – How to boost investment in UK equities by UK pensions – highlighted what it said was a “stark decline” in the allocation of DC pensions to UK equities over the past decade and their low level of investment in domestic equities compared with other countries.
It said a dynamic public equity market matters for millions of individuals in every corner of the country and for the UK economy – adding that listed UK companies made a large direct economic contribution to local economies through their footprint and operations, employing nearly four million people up and down the country.
New Financial said a more vibrant stock market would enable more UK companies to raise more capital to invest in jobs and growth, provide a funding continuum for high-growth and tech firms to scale up and stay in the UK. It added it would also help connect millions of individuals saving for their pension with UK…
