Expanding pension fund investments into productive finance is a significant opportunity to unlock growth for the UK economy and help boost long-term returns for pension savers. L&G is encouraged by the growing momentum. In this Pensions Expert article, Ruston Smith, Chair of the Pensions Management Institute (PMI), gathers industry insight and experts to highlight the potential, including comments from our CEO, António Simões (https://lnkd.in/eT_xdFme).
100% correct. And given the longevity of these commitments, it makes sense to try to achieve better outcomes for pensioners as well. True productivity is the answer as always.
Great advice!
Non Exec Chair of the Tesco Pension Fund, Non Exec Chair of JP Morgan Asset Management, Non Exec Chair of Smart Pension Ltd, Chair of GroceryAid
2moThere is also an important opportunity, through Productive Finance, to invest in enablers of climate change transformation to support the UK in achieving its net zero target and transition, as well as creating employment and, of greatest importance, delivering better financial outcomes for pension scheme members. #impact investing # productive finance # retirement #retirement savings #pmi