Driving Investment for a Better Society Chatham House Sustainability

We are to recognise its more fundamental function as a critical also mindful of foreign direct investment into the UK financial intermediator, channelling money from the economy: we believe that boosting the participation of UK savings and investment stock to UK firms in need UK investment in the UK economy will pave the way for of growth capital. [...] Our shared purpose is to identify the reform needed to enable the investment system to best intermediate between UK savers and the UK economy – or, to put it in social policy terms, to find and foster the strongest links between the UK’s savings and retirement aspirations and its economic growth aspirations that drive prosperity. [...] designed to address the problems described above, and specifically target DB scheme fragmentation and lack of • Introduce mechanisms to support pensions schemes ‘run-on’ strategies – to extend investment Asset Owner agency, lack of return incentives, poor risk durations and not leave considerable amounts of DB management and to reincentivise investment in money on the table in the rush towards ‘bu. [...] the UK’s sustainable investment goals - including a Notwithstanding current levels of regulatory fatigue, better acknowledgment of the strong connections the government needs to at least begin repositioning between sustainable and productive goals and the the regulatory structure to respond to the challenges systemic drivers they share. [...] of the next two decades rather than the problems of • Extend the role of the Regulatory Innovation Office to the last three.