Co-op pension scheme to invest up to £50m into social housing

Kim Kaveh
clock • 1 min read

The Co-operative Group's pension scheme, Pace, will invest up to £50m into the social and affordable housing market over the next 12 months.

The defined benefit scheme - which was set up in 2006 following a three-scheme merger - is aiming to begin investing today (20 November), and will provide 350 housing units, it said.  The Co-op ...

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 Investment

Is now the time for pension schemes to invest in Bitcoin?

Is now the time for pension schemes to invest in Bitcoin?

Chris Newlands assesses industry views on pension scheme investment in Bitcoin

Chris Newlands
clock 23 January 2025 • 8 min read
Partner Insight: What does your responsible investing journey look like?

Partner Insight: What does your responsible investing journey look like?

In this interactive video, choose a Royal London Asset Management expert and hear them discuss how asset managers identify suitable investment opportunities that meet with clients’ values without sacrificing value.

Sarka Halas
clock 23 January 2025 • 1 min read
Scottish Widows partners with Robeco on responsible investment

Scottish Widows partners with Robeco on responsible investment

Partnership will see the creation of equities indices in developed and emerging markets

Martin Richmond
clock 21 January 2025 • 2 min read
Trustpilot