UK pension funds should invest more than 5% of their assets at home, according to Amanda Blanc, CEO of Aviva. "It would be great for it to be more" Blanc said, "but I think it's a really good starting point." Her comments come as UK pensions minister Torsten Bell has floated a voluntary 10% allocation to listed and unlisted British equities as the government pushes for more domestic investment, Bloomberg News reported earlier this month.

Blanc spoke exclusively to Bloomberg's Francine Lacqua in London on March 18.

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