Investment consultants and pension funds have reacted with caution to the bonds that would be created by business secretary Vince Cable's proposed ‘business bank'.
On Monday, Cable announced the government would create an investment bank designed to support growing companies. Set up with £1bn of public money matched by the private sector, it will buy loans...
To continue reading this article...
Join Professional Pensions
Become a Professional Pensions Lite Member today
In just a few clicks you can start your free Professional Pensions Lite membership for 12 months, providing you access to:
- Three complimentary articles per month covering the latest real-time news, analysis and opinion from the industry
- Receive important and breaking news stories via our two daily news alerts
- Hear from industry experts and other forward-thinking leaders
