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The Mansion House reforms
It’s been a big week for the pensions industry with the Chancellor Jeremy Hunt’s speech at the Mansion House.
The Mansion House reforms are aimed at getting more money from pension funds into high growth companies. He says this could unlock £50 billion into private equities and early-stage businesses.
Jeremy Hunt also spoke about the government’s wish to merge smaller inefficient funds and he reminded everyone that any investments should be in the best interests of the ordinary people contributing to pension fund.
So, is this a revolution or a damp squib? Here’s Phil Brown and his two expert guests – pensions and investments specialist Charlotte Moore, and leading pensions expert and media commentator Tom McPhail.