Encourage urgent progress on pooling Local Government Pension Scheme assets.
Our evidence suggests that UK pension funds may be an untapped source for a deeper domestic capital market more inclined to risk investment in high-potential businesses. We welcome the Government’s announcement of work on pension fund consolidation in the autumn. We will scrutinise the details of those proposals closely. Any …
Government response. The government's response is boilerplate text detailing existing support for scale-up businesses through the British Business Bank, British Patient Capital, and EIS/VCT schemes. It does not address the recommendation regarding pension funds as an untapped source of capital or the …
HM Treasury