LGPS called to venture capitalism

clock

Local government pension schemes will be encouraged to become venture capitalists under new government plans.

The proposals from the Department for Business, Innovation & Skills would see pension funds giving money to start-up businesses in the hope of profiting from them if they become successful. The ...

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 Industry

News Digest: Only tax inherited pensions worth more than £90k, Reeves urged

News Digest: Only tax inherited pensions worth more than £90k, Reeves urged

PP brings together all the latest news on pensions from across the national and financial media

Professional Pensions
clock 15 July 2025 • 1 min read
Buzz: Do you support the commitments in the Employer Pension Pledge?

Buzz: Do you support the commitments in the Employer Pension Pledge?

Employer Pension Pledge, scheme investment mandation and pensions adequacy

Professional Pensions
clock 14 July 2025 • 1 min read
PASA launches de-risking 'jargon buster' to support scheme decision making

PASA launches de-risking 'jargon buster' to support scheme decision making

Organisation said the industry must ‘fully understand’ terminology and implications

Holly Roach
clock 14 July 2025 • 1 min read
Trustpilot