Pension funds ‘to unlock up to £50bn’ of investment, with half for UK firms

<p>Aviva, Legal &amp; General, M&amp;G and others agree to sign new ‘Mansion House accord’ with government</p><ul><li><a href="https://business/nils-pratley-on-finance/2025/may/13/reeves-mansion-house-accord-pension-funds">Nils Pratley: Mansion House accord is long on virtue-signalling</a></li></ul><p>The bosses of 17 of the UK’s biggest pension funds have struck a deal with the government that it claims will release up to £50bn worth of investments, with at least half earmarked for British assets including clean energy projects and homegrown startups.</p><p>Fund managers including Aviva, Legal &amp; General, M&amp;G, Phoenix and the Universities Superannuation Scheme have agreed to sign a new “Mansion House accord” that will lead to at least 10% of their workplace pension schemes being invested in private market assets by 2030.</p> <a href="https://www.theguardian.com/business/2025/may/13/uk-pension-funds-investment-british-firms-mansion-house-accord">Continue reading...</a>