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By Charlie Conchie Pension funds have “abrogated their responsibility” to the UK over the past 25 years and should prepare to disclose how much of their cash goes into British firms, one of the UK’s top investment banks has said, after Jeremy Hunt revealed plans for a sweeping shake-up of rules ahead of the budget on Wednesday. In a note to investors today, London-listed investment bank Peel Hunt called on the FCA to implement rules that would force pension funds to disclose the geographic mix of their investments and told pension money managers to begin getting their houses in order ahead of …

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