Re: alternative facts
Is that what's caled an alternative fact?
No, it's what's called an actual fact. Posting anonymously in the hope of gaining a credibility that does not accrue to your username does not help if all you post are the usual half baked fictions and ill reasoned views.
Here's some evidence-backed data that someone prepared earlier on behalf of UK taxpayers.
The Office for National Statistics, aka ONS, do a report every few years on who really owns UK shares.
You do realise that the UK bit of your sentence is the important part, and that the reason why you're struggling to comprehend my post is because you've conflated what I said about pension schemes with UK pension schemes, which is not what I said. You understand the idfference and are able to follow now, yes?
According to the ONS reports, pension funds own less than 5% by value of UK shares (varies a bit from report to report).
You do realise that there is vast pension investment that does not constitute a pension fund, yes? Anyone with a SIPP may have their pension invested in the FTSE without it being in a fund. You're obviously not very financially literate, so you're going to need to go away and start to learn a few things.
Rest of the world are typically at the top of the chart with more than half (by value) of UK shares.
And the rest of the world is made of of what? Oh yes, pension funds, pension savings, and other wealth management vehicles.
Next is UK individuals with roughly 10% by value.
Well yes, but that an individual holds shares directly does not imply they are not intended as retirement savings. I have no other aims for my direct investments - their only purpose is to provide a retirement income outside of the pension wrapper such that I can control when I retire, rather than having some civil servants forever bumping up the age threshold.
above UK pension funds, come UK Unit Trusts, other financial institutions, and insurance companies, with a total of around a quarter of the value of UK shares.
Most of my ISA investments are unit trusts, but they are very much the driver of my retirement savings since the last age increase was announced. Again, you've completely misunderstood the difference between the purpose of the investment and the type of investment vehicle or wrapper which contains it.
Frankly, in your rush to disagree with me you've misunderstood everything I posted, revealed you know little to nothing of fincial matters, and ended up looking decidedly foolish. You really are turning into the gift that keeps on giving.