Gov't makes investment choices for you

Speaking at a TUC Stock Exchange conference on pensions and pension trusees, Timms has said such companies run "less repuational risk" and "are less likely to suffer the commercial consequences of customer animosity." "They are also less likely than others to suffer costly adverse regulatory or enforcement decisions. They are at least as likely and perhaps more likely to represent good investments." These are all points Timms, and the government, are keen for trustees to take account of. Also on the issue of pensions fund investments, Timms says the government wants to push for a 5...