While William Wright, founder of the New Financial think tank, said it was a “sensible compromise”.

To deliver progress, a Labour government will […] continue the ground-breaking work of the Women in Finance Charter, championed in industry by Amanda Blanc, to increase gender diversity in financial services through reporting on firm-level gender representation in senior management.

"During a discussion moderated by William Wright from the capital markets-focused think tank New Financial, Armel Castets, Paulina Dejmek Hack, Vincent Ingham and Esther Wandel talked about turning political support into concrete action and capital markets in the context of EU competitiveness."

"A 'large and highly interested ecosystem' of advisers and trustees also creates a bias against changing things, says William Wright of New Financial"

"Most large pensions providers are awaiting a planned consultation. Privately they are wary. Many say they welcome competition, yet in practice they dislike it, says William Wright of the New Financial think-tank"

The deal “is relatively soft and is not going to lead to a significant shift in activity” out of London, said William Wright, founder of think-tank New Financial.

New Financial’s analysis of international pension fund performance found UK pension funds delivered an average annual return of 6.2% compared to 7.6% in Netherlands and 7.5% in Australia.

"Fortunately the EU has a poster child closer to home — in Sweden, according to Bierbaum, who's head of research at London-based think tank New Financial."

"Investments from direct benefit (DB) pension schemes, one of the largest parts of the sector, in UK listed companies have dropped from 48% in 2000 to just 6% by 2020, or nearly 2 trillion pounds, with cash redirected to less risky government bonds and heavily traded global blue chip stocks, according to New Financial"