UK Politics
General Discussion for politics in the UK.
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[email protected] appears to have vanished! We can still see cached content from this link, but goodbye I guess! :'(
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I'm not sure where the treasury slush fund accusation comes from?
On the actually change - if moving I to bugger funds allows for them to actually own companies etc, then I think this is a good idea.
But if they are forced to invest for economic growth instead of pension fund growth, then that's bad.
If the local funds are big enough to do proper investment, then this probably isn't worth it anyway.
Morning star being a rag, it's borderline embarrassing at this point.
As you say, the idea that pension funds can somehow become treasury slush is nonsense. What they could very much become though is a very quick way to incease assets under management for the sovereign wealth fund.