Launching the Mansion House Accord
The 13th May marked a major milestone with the launch of the Mansion House Accord.
Seventeen of the UK’s largest pension providers have committed to investing at least 10% of their default DC funds in private markets by 2030, with half of that right here in the UK.
This is a bold step towards:
- Better pension outcomes for savers
- More capital for UK businesses, infrastructure and clean energy
- Support for high-growth businesses
The City of London Corporation is proud to have partnered with The ABI, the Pensions and Lifetime Savings Association, and the Chancellor of the Exchequer, The Rt Hon Rachel Reeves, to help bring this to life.