Investing for good as well as for gain: Winning clients' hearts and minds

There has been a great deal written about the need for pension savings to work harder for savers - delivering higher returns through more investment in illiquids, investing in private equity, infrastructure, property and private credit amongst others. This focus on improving returns, especially for defined contribution (DC) pension savers, led to the establishment of open-ended long-term asset funds (LTAFs) which were finally given Financial Conduct Authority (FCA) approval on 29 June 2023. Later that same summer, the focus on achieving better returns was further boosted by the so-cal...