The initial UK pension review began in 2024 concluded that pensioners and firms were not investing enough in UK assets, and that the government would have to intervene and force them to if they didn't increase allocation by themselves. Since then, a group of pensioners signed a pledge called the Mansion House Accord promising to grow domestic investment. I expect this next phase of review will decide how much more pressure need be applied. This is the freedom of capital to choose its home contracting at the margins. It is just beginning.