Self invested pension plans (SIPPs) could take a leaf out of the institutional book, by investing in the UK's infrastructure, say Rowanmoor Pensions.
In today's Autumn Statement, chancellor George Osborne unveiled plans to pour £20 billion of institutional pension funds into building roads, rails and schools, under the mantra "British savings for British jobs." Head of pensions technical services Robert Graves questioned whether there was scope for individuals to invest in these projects. With the decline of final salary schemes, Graves hoped there was "a continued emphasis on people locking money away into long-term pension savings which would give opportunities for long term-investment." He added: "It would be interesting to s...
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