British tech advocacy group techUK said the reforms "should address barriers to greater availability of pension fund capital and encourage a vision that sees more investment into UK tech science start-ups and scale-ups."
Reforms to pension schemes are either underway or being discussed in several other countries across Europe.
"These changes could result in billions more being made available to European scale-ups — and that's something that could be the difference between the best and brightest companies scaling from here in Europe, versus being forced to relocate," Wehmeier told CNBC.