State goals won't override my duty

Con Keating rejects government encouragement for managers and trustees to create an 'investment big bang'

clock • 3 min read
State goals won't override my duty

Boris Johnson and Rishi Sunak recently issued a challenge to UK institutional investors, calling for us "to seize this moment", adding: "We need an investment big bang to unlock the hundreds of billions of pounds sitting with UK institutional investors and use it to drive the UK's recovery."

They seem to have noticed the Office for National Statistics estimated UK private pensions wealth in March 2018 at £6.1trn of a wealth total of £14.6trn - greater even than property. However, they ...

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

Infrastructure investment boosts pension saver sentiment, research shows

Infrastructure investment boosts pension saver sentiment, research shows

Investment firms say member engagement could boost support for productive investment

Alex Levy
clock 18 September 2026 • 2 min read
Bank of England holds rates at 3.75%; announces APF wind-down plan

Bank of England holds rates at 3.75%; announces APF wind-down plan

MPC tweaks QT programme and sets out plan for APF

Michael Nelson and PP Staff
clock 17 September 2026 • 3 min read
Insurers invest £22.8bn towards UK productive assets since 2024 pledge

Insurers invest £22.8bn towards UK productive assets since 2024 pledge

Update marks one fifth of the way to the total pledged by the industry

Alex Levy
clock 15 September 2026 • 2 min read
Trustpilot