UK government granted powers to direct pension funds’ investments under new law
By Sofia Gerace ( April 29, 2026, 10:18 GMT | Insight) -- A new UK pensions bill including a reserve power to direct pension funds’ investment is set to become law after lawmakers agreed on a final text late on Tuesday. The bill includes a reserve power allowing the government to force certain pension schemes to invest a minimum percentage of assets in specific areas, such as UK companies and private assets. A new UK pensions bill including a reserve power to direct pensions funds’ investment is set to become law after lawmakers agreed on a final text late on Tuesday....
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