Investment 'big bang' criticised as 'Westminster pet project'

PP conducted a poll to see if the industry was in support of the government’s investment ideas

Hope William-Smith
clock • 3 min read
Investment 'big bang' criticised as 'Westminster pet project'

The government’s idea for an investment ‘big bang’ has received criticism from the pensions industry with many flagging it as a desperate move designed to bolster government coffers.

It comes after prime minister Boris Johnson and chancellor Rishi Sunak penned an open letter to UK pension schemes on 4 August encouraging higher investment in long-term asset classes. But many within...

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