Pensions and Growth: Creating a Pipeline of Investable UK Opportunities

As is widely recognised, investments made by UK pension funds support our economic growth and are a major source of long-term investment in the UK economy. In its stated mission to drive the highest sustained growth in the G7, the Government has been clear about its ambition to encourage pension funds to allocate more to emerging – and higher risk – opportunities that could drive further UK economic growth.

The PLSA welcomes the Government’s ambition for pension funds to play a greater role in supporting growth in the UK economy. However, our priority is to ensure that policy proposals work in the interests of the millions of UK workers saving into a pension.

With Government, pension funds, investment managers, investee companies and consultants all playing their part, there is substantial potential to open the pipeline of assets to attract the investment of pension funds to support UK growth. This report makes practical recommendations to create the necessary investment conditions for pension schemes to allocate a greater portion of the nation's retirement savings to promising UK growth areas. It also identifies a funding gap amounting to tens of billions of pounds across four key areas which most require investment.

Find more on pensions and growth in the Pensions supporting UK growth hub.