Pension funds around the world are coming under increasing pressure to invest more in their own economies, prompting warnings from some in the industry that this could harm retirement savers.
The UK, Canada, the Netherlands and Germany are among countries that have spotted an opportunity to redirect large and growing pension savings pots towards domestic investment to try to kick-start economic growth and funnel cash to sectors such as technology, defence and green energy.
But some pension fund industry executives fear such moves could hit investment returns and disincentivise saving.
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