UK Business

UK government wants to make pension pots bigger with riskier investments – but it faces big challenges

Written by Alan Shipman, Senior Lecturer in Economics, The Open University

The pension market in the UK has expanded to become the largest in Europe, worth over £2.5 trillion in 2021. Successive British governments have encouraged this growth, especially through the auto-enrolment scheme which made workplace pension contributions compulsory.

But they haven’t yet managed to...

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