Source · Select Committees · Treasury Committee
Nineteenth Report - Venture Capital
Treasury Committee
HC 134
Published 24 July 2023
Conclusions (1)
17
Conclusion
Not Addressed
Para 86
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 Summary
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 government's work on pension fund consolidation and LGPS asset pooling.