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Lord Mayor of London calls for pensions reform

by Matthias Plötz 28 March 2023

The Lord Mayor of London, Nicholas Lyons, has called upon political and business figures to help facilitate defined contribution (DC) pension schemes’ opportunity to invest in private equity.

With the launch of the Powerful Pensions report – developed jointly by the City of London Corporation, EY and Innovate Finance – the Lord Mayor highlighted an annual growth funding gap of £15bn as businesses struggle to access capital from investors.

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