Capital Markets Industry Taskforce Conference

I was delighted to speak at the third annual CMIT - Capital Markets Industry Taskforce Conference - a fantastic opportunity to highlight the Mansion House Accord. It is an industry-led commitment from 17 of the largest workplace pension providers - representing 90% of the active Defined Contribution default universe - to allocate 10% of default Defined Contribution funds into alternative investments by 2030.

It will not only result in better pension outcomes for savers, but has the potential to unlock up to £50 billion of investment for the UK’s long-term, stable, high-potential sectors - from clean energy to life sciences and biotech.

Importantly, we view the Mansion House Accord as a foundation, not a finish line - and we are working on ways to make it self-sustaining.