Investment

Industry also concerned about the supply of UK-specific assets

Tariff uncertainty meant surplus fell for third month in a row to £202.5bn

Backstop plans to mandate private asset investment has global precedent

Consultancy’s Pensions Explorer shows surpluses dipped during month of market volatility

Signatories point to improved outcomes for members and welcome collaborative approach

There is investment in a wide range of private market assets through a variety of structures

New pool for 22 local authorities will be ‘biggest ever Welsh pension fund’