The UK plans to attract £99 billion in overseas pension investments into key projects by 2035.

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The UK government announced a plan aimed at attracting £99 billion in overseas pension fund investments into key UK projects by 2035. Just a few weeks ago, the government narrowly pushed the pension bill through Parliament. The UK will establish a new “Super Fund Special Group” led by the Investment Office, designed to enhance collaboration, streamline processes, and attract Australian pension funds to growth sectors such as infrastructure, real estate, and private equity markets in the UK. Previously, UK Chancellor of the Exchequer Rachel Reeves and Australian Treasurer Jim Chalmers signed a memorandum of understanding during the IMF meeting last month, supporting increased mutual investments between the two countries’ pension and superannuation funds. UK Minister for Investment Jason Stockwood stated that this new group “will pave the way for crucial investments into UK key projects.” He will visit Australia, Malaysia, and Singapore next week to meet with investors.

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