Pension Funds to Publicly Disclose How Much Is Invested in UK Versus Overseas

Requirements for defined contribution pension funds are currently inconsistent across the market, the government said.

Undated file photo of a piggy bank and sterling pound notes. Gareth Fuller/PA

Pension funds will be required to publicly compare their performance data against competitors and disclose their levels of investment in British businesses under government plans.

The government said the reforms will help employers and savers to compare schemes and make informed choices.