Chancellor Rachel Reeves wants pension funds in the UK to invest in the same way as they do in Canada. But can it work?
- Research Chair and Professor of Finance, Leicester University School of Business, University of Leicester
Ten years ago, almost a third of self-employed people in the UK contributed to pension schemes. That figure has dropped dramatically.
From the outside, it might look like another case of a pension black hole problem hitting another UK institution. Not so.
The 20 largest OECD countries alone have a US$78 trillion shortfall in their pensions obligations.
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