Co-op pension scheme to invest up to £50m into social housing

Kim Kaveh
clock • 1 min read

The Co-operative Group's pension scheme, Pace, will invest up to £50m into the social and affordable housing market over the next 12 months.

The defined benefit scheme - which was set up in 2006 following a three-scheme merger - is aiming to begin investing today (20 November), and will provide 350 housing units, it said.  The Co-op ...

To continue reading this article...

Join Professional Pensions

Become a Professional Pensions Lite Member today

  • Three complimentary articles per month covering the latest real-time news, analysis and opinion from the industry
  • Receive important and breaking news stories via our two daily news alerts
  • Hear from industry experts and other forward-thinking leaders

Are you a trustee, investment consultant or in-house pension and benefit scheme professional? You can apply for full complimentary access here

Join now

 

Already a Professional Pensions
member?

Login

More on Investment

Partner Podcast: Broadening scope, tightening focus

Partner Podcast: Broadening scope, tightening focus

Arpita Bhabhera, Senior Investment Analyst, AllianceBernstein
clock 18 September 2025 • 1 min read
Remove barriers to increase pension scheme investment in UK, urges Pensions UK

Remove barriers to increase pension scheme investment in UK, urges Pensions UK

Trade body’s response to BTC inquiry says ‘systemic’ barriers preventing increased UK investment

Martin Richmond
clock 17 September 2025 • 3 min read
LGPS pools back report on mobilising local investment in the UK

LGPS pools back report on mobilising local investment in the UK

Report comes after government’s Pensions Review set out series of LGPS reforms

Holly Roach
clock 09 September 2025 • 3 min read
Trustpilot