Burnham backs plan to pump £1bn pension funds into start-ups Investing Andy Burnham’s government is set to spearhead a new £1bn fund that will channel cash from some of the country’s biggest pension schemes into start-ups. Pension funds including Nest, the workplace scheme set up by the government, Railpen, Border to Coast and the Local Pensions Partnership Investments (LPPI) are set to back the new government-led [...]
Kemi Badenoch pledges to wield the axe on post-financial crisis banking regulation Banking Kemi Badenoch will today step up her efforts to woo the City as she promises to wield the axe on post-financial crisis banking regulation if she manages to clinch the keys to Number 10. “London is having its lunch eaten” by overregulation, the Tory leader will proclaim as she proposes a shakeup of the financial regime that she hopes [...]
UK Private Capital raises alarm over ‘slow and unclear’ progress from Mansion House signatories Investing A leading private capital trade body has raised the alarm over the lack of urgency from Mansion House signatories to meet their commitments and increase allocations into venture capital. UK Private Capital, which was previously known as the British Venture Capital Association, has called on signatories to work faster, after uncovering limited evidence of any [...]
Time to Aim higher: ‘No visible effect’ of flagship pensions overhaul a year on, industry chief warns May 14, 2026 Britain’s embattled small-cap companies have not yet felt any positive impact from the Mansion House Accord, the boss of an influential industry body has warned, a year on from the UK’s largest pension providers agreeing to plough more cash into unlisted and private assets. In a letter sent to all 17 of the pact’s signatories, [...]
Pension industry 1-0 Torsten Bell April 30, 2026 We should be grateful that the absurd idea of a government-imposed cap on rent died less than 24 hours after it first reared its head, but another madcap Treasury scheme took far longer to bite the dust. The government’s Pensions Schemes Act (which passed into law yesterday) contained plenty of sensible and interesting measures, including [...]
Schroders backs Wayve and Elevenlabs with UK’s first venture capital fund for pensions April 29, 2026 Autonomous vehicle unicorn Wayve and deeptech darling Elevenlabs are among the fast-growing unicorns that have been backed by the cash raised in a historic funding round by the UK’s first venture capital vehicle set up to cater for pensions. Schroders Capital announced on Wednesday it had injected over £100m into British-based tech and life sciences [...]
Pensions belong to savers, not the state April 23, 2026 No government should have the power to direct where pension savings are invested, says Helen Whately Alongside the Starmer-Mandelson debacle, the everyday work of government is stumbling on. The Pension Schemes Bill, for instance, should by now be approaching the end of its legislative journey. Instead, it has run into sustained resistance in the House [...]
Good news at last? Financial services sector rebounds at fastest rate this century April 7, 2026 Britain’s financial services sector rebounded in the first three months of this year powered by the fastest single-quarter recovery since 1996, a closely watched survey found. According to the CBI’s industry-wide survey, sentiment among financial firms improved for the first time in nearly two years, as an uptick in profitability was aided by the uncertainty [...]
‘More needs to be done’ to help pension savers after salary sacrifice, says Standard life boss March 16, 2026 The boss of one of the UK’s largest pension providers has warned “more needs to be done” to help those saving for retirement after the government introduced a cap on salary sacrifice in the latest Budget. Andy Briggs, the chief executive of Standard Life, told Morning Wire: “Obviously, we weren’t supportive of [salary sacrifice changes] [...]
Center Parcs: UK pension funds in talks for stake in holiday giant December 27, 2025 A number of Britain’s biggest public sector pension schemes are understood to be eyeing a stake in the holiday giant Center Parcs after the Treasury ramped up its efforts for funds to invest in UK-based assets. The Greater Manchester Pension Fund (GMPF), the London-based Local Pension Partnership (LPPI) and the Edinburgh-based Lothian Pension Scheme are [...]