Schemes urged by government to ignite investment 'big bang'

PM and chancellor urge schemes to invest more in long-term assets to give savers better returns

Holly Roach
clock • 5 min read
The government said the money sitting in UK institutional investors needs to be used to drive the UK’s recovery
Image:

The government said the money sitting in UK institutional investors needs to be used to drive the UK’s recovery

UK pension schemes have been urged by prime minister Boris Johnson and chancellor Rishi Sunak to ignite an ‘investment big bang’ to drive the UK economy as it recovers from the pandemic.

In an open letter to UK pension schemes - published yesterday (4 August) - the pair said while "there is no right answer" for the amount that should be invested in long-term asset classes, they "st...

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

Join now

 

Already a Professional Pensions
member?

Login

More on Investment

Trump tariffs making schemes 'rethink' US holdings

Trump tariffs making schemes 'rethink' US holdings

Isio says European schemes focused on reducing allocations and ‘damage limitation’

Jasmine Urquhart
clock 02 May 2025 • 1 min read
LGPS Central launches stewardship service

LGPS Central launches stewardship service

Midlands LGPS pool says service designed to ease governance burden on partner funds

Martin Richmond
clock 02 May 2025 • 1 min read
How the way schemes are working with asset managers is changing

How the way schemes are working with asset managers is changing

As schemes grow in size and sophistication, collaboration is becoming key

Charlotte Moore
clock 01 May 2025 • 8 min read
Trustpilot