Autumn Budget 2017: On Wednesday, chancellor Philip Hammond said innovative high-growth firms should get investment from defined benefit and defined contribution schemes, raising questions over appetite and feasibility among pension funds. Three articles from the past year look at the issues at stake.
Patient capital consultation met with industry scepticism
By Alex Warnakulasuriya | September 20, 2017
The government closes its consultation on financing growth in innovative firms in September as it looks to increase scheme investment in ‘patient capital’, but concerns persist over the suitability of this asset class for pension schemes.
Govt and industry aim to push impact investing onto scheme agendas
By Sandra Wolf | November 14, 2017
Trustees and employers should receive training on social impact investing and engage with scheme members to better align non-financial values, a report to government has recommended, as experts stress time constraints and practical hurdles.
Illiquid assets: Latest fad or the future of DC investment?
By Sandra Wolf | November 28, 2016
Analysis: Defined contribution investments are still far less sophisticated than those of many defined benefit plans, but there is growing support for making illiquid assets such as infrastructure or private equity part of DC default funds.
