Taxpayers could be exposed to substantial losses from government guarantees on infrastructure projects designed to attract investors like pension funds, the National Audit Office warns.
The government will guarantee an additional £40bn to infrastructure projects in order to stimulate growth.
Hans Meissner on why pension funds should consider allocating to infrastructure
Naomi Rainey asks whether infrastructure is right for the LGPS
The Environment Agency Pension Fund has called for expressions of interest from asset managers to create a £250m portfolio of funds investing in property, land and infrastructure.
Local authority pension funds should pool together and invest in housing and associated infrastructure, a report has said.
Schemes should turn to inflation-linked assets such as long-lease property and mature infrastructure to cope with an insufficient supply of index-linked gilts, say consultants.
A Pension fund preference for brownfield investments over greenfield could hamper government plans for infrastructure investment.
Schemes should seize the opportunity to invest in infrastructure projects as banks scale back their exposure to illiquid assets, Redington argues.
Local authority funds have called for an independent platform or ‘clearing house' on which they could access local investment opportunities, a Smith Institute study says.