Lord Mayor of London welcomes Chancellor's City reforms to boost pensions

The video discusses the UK's Financial and Professional Services (FPS) sector, highlighting its significant contribution to the economy and job market. It addresses regulatory reforms aimed at enhancing competitiveness and the challenges posed by risk aversion, which affects innovation and capital access. The video emphasizes the importance of supporting high-growth sectors like fintech and biotech through pension fund investments, aiming to unlock substantial capital for sustainable infrastructure and improve retirement incomes.

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