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UK pension funds see government confirm powers to make them invest in the UK

By Sofia Gerace ( May 29, 2025, 08:23 GMT | Insight) -- UK pension funds have been warned that upcoming legislation will give the government powers to set targets for where funds invest their money as part of a move to reverse a decline in domestic investment. The Pension Schemes Bill will require certain funds to consolidate in "megafunds" managing at least 25 billion pounds by 2030, the finance ministry confirmed today.UK pension funds have been warned that upcoming legislation will give the government powers to set targets for where funds invest their money as part of a move to reverse a decline in domestic investment....

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