Asset Management

UK to force pension funds to invest in private assets

The move is part of the Labour government’s UK growth push

Chancellor Rachel Reeves has unveiled new plans to reform the UK’s pensions industry Darren Staples – WPA Pool/Getty Images
Chancellor Rachel Reeves has unveiled new plans to reform the UK’s pensions industry Darren Staples – WPA Pool/Getty Images

The UK government is set to introduce legislation that will give it the power to force pension funds to invest in private markets.

The potential changes are contentious, with some pension funds arguing in recent months that any mandatory investment rules could clash with their duty to get the best returns for members.

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