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Baroness Kramer (LD)

Speaking in the House of Lords on 24 July 2024

Debate

European Investment Bank

Contribution

I would not argue for a moment that we should not be turning to UK pension funds as a source of long-term patient capital in the British economy, but will the Minister take on board that for people with small pension pots, for whom risk is very dire, investing their funds in illiquid long-term assets could be a significant blow when they reach retirement and find that their pots have shrunk dramatically?

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