Government-backed master trust commits around £446m to infrastructure debt fund
Mansion House Accord, Pension Schemes Bill expectations, and a £120m buy-in deal
Industry panel says government mandation could have ‘unintended consequences’
Industry also concerned about the supply of UK-specific assets
Backstop plans to mandate private asset investment has global precedent
Signatories point to improved outcomes for members and welcome collaborative approach
Signatories say commitment is ‘dependent’ on enabling government and regulatory actions