Charges on a government-backed pooled UK infrastructure vehicle owned and run by UK pension funds will be capped at 0.5%, the Treasury infrastructure policy chief confirms.
Rating agency Moody's has put government-backed UK rail infrastructure on negative watch - raising questions for pension schemes under pressure to invest in the country's transport network.
Ministers and pension scheme representatives are set to meet every fortnight over the next three months to plot a course to boost funding in UK infrastructure.
Jack Jones investigates asset-backed contributions
Andrew Short asks if plans to get additional investment in infrastructure, announced in George Osborne's autumn statement, will be attractive to UK pension schemes or a bridge too far?
The pensions industry has cautiously welcomed the Chancellor's autumn statement.
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".
The Chancellor confirmed the government intends to clamp down on "complex asset-backed contribution structures" that allow firms to over-claim tax relief.
Chancellor George Osborne has confirmed the state pension age will reach 67 by 2026.