UK Announces Pension Reforms to Boost Startup Investments, But Impact Uncertain
• British pension funds invest little in startups compared to other countries, hurting growth capital
• UK pensions get worse returns than international peers due to small fund sizes and regulations
• Chancellor Hunt announced reforms to consolidate small pension funds and push investments into startups
• New "growth fund" in British Business Bank to give pensions a way to invest in young firms
• Reforms seem steps in right direction but unlikely to massively transform UK investment landscape