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AIC urges Government to correct exclusion of investment companies from pension schemes bill - IFA Magazine
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AIC urges Government to correct exclusion of investment companies from pension schemes bill - IFA Magazine
The Association of Investment Companies (AIC) has written to Treasury minister Torsten Bell MP to urge the government to amend its Pension Schemes Bill. The letter can be viewed here. The Bill will create powers enabling the government to compel pension schemes to invest a percentage of their portfolios in private assets. However, as the legislation is currently drafted, pension schemes would not be able to meet this requirement by investing in …
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