Cambridge Innovation Capital’s Post

📜🔍There’a major pensions review underway - and at the BVCA we welcome it enthusiastically!   We are very encouraged that the Government has brought forward the review so quickly.   The Chancellor now has a real opportunity to deliver #economicgrowth by facilitating increased investment in UK businesses to the benefit of returns to pension savers as well as the wider economy.   Legislative and policy changes, including further consolidation of #pensionschemes to increase pension schemes’ ability to deploy capital into UK #privatecapitalfunds are vital, as is greater industry partnership.   The BVCA’s Investment Compact has already brought together over 100 growth capital and venture capital firms committed to working with pensions schemes to consider effective structures that attract investment.   If the Government is ambitious and considers a wide range of options in this review we are optimistic that this will deliver the clear roadmap we have called for, building on the work of the BVCA’s Pensions and Private Capital Expert Panel.      The Chancellor’s Pensions Review will add further impetus to the work of the Investment Compact for Venture Capital and Growth Equity of which the Expert Panel is a key element, which has brought together the private capital and pensions industries to support pension savers and to encourage investment from pension funds into unlisted equities.   There has been significant progress through this collaboration.  We are already developing a greater understanding of the ways we can work together to deliver new options for UK pension savers at the same time as supporting high growth, innovative UK companies with new sources of capital. The Review offers us the opportunity to develop this shared agenda further and deliver better outcomes for all the stakeholders.  Association of British Insurers Pensions and Lifetime Savings Association Rob Barr John Chilman Andy Gregory Hannah Gurga Allan Marchington Matthew McNally Dan Mikulskis Neville Howe James Mitchell camilla richards Julian Mund Ruston Smith MBA, FPMI, FCMI, FRSA Benjamin Wilkinson Tom Wrenn Kerry Baldwin   The UK Pensions Summit, histed by the BVCA on the 11th September, will provide a further opportunity to continue to engage with the Government, building on the momentum of previous work todeliver better potential returns for savers and boost economic growth. Matthew Sabben-Clare Garry Wilson Charlie Troup Chris Barnes Andrew Williamson Philip Newborough Richard Swann Joana Scaff Amy Mahon @johanna barr   #privateequity #venturecapital See more here: https://lnkd.in/eak_jeZg