Autumn Statement: Osborne to 'unlock' £20bn from pension funds - UPDATED

clock

The Chancellor has confirmed he will unlock £20bn of pension fund assets to invest in infrastructure in a bid to "overhaul the physical transport infrastructure of our nation".

Speaking in the Autumn Statement this afternoon, Chancellor George Osborne said he had "negotiated" an agreement with pension funds to "unlock" pension funds savings. The Treasury confirmed it h...

To continue reading this article...

Join Professional Pensions

Become a Professional Pensions Lite Member today

  • 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

Join now

 

Already a Professional Pensions
member?

Login

More on Industry

News Digest: Pensions dim on US private equity

News Digest: Pensions dim on US private equity

PP brings together all the latest news on pensions from across the national and financial media

Professional Pensions
clock 15 April 2025 • 1 min read
Professional Pensions: Stories of the week

Professional Pensions: Stories of the week

Dalriada launches DC tool for AVCs, Clara to switch up to 35% of assets into private markets, and a Hymans Robertson report

Professional Pensions
clock 11 April 2025 • 1 min read
Challenges remain as UK economy beats growth expectations in February

Challenges remain as UK economy beats growth expectations in February

UK economic outlook still 'downbeat'

Sorin Dojan
clock 11 April 2025 • 2 min read
Trustpilot