LGPS latest: GLIL backers invest £475m for UK infrastructure push
News analysis, case studies and informed comment on the challenges facing UK pension schemes, from Pensions Expert, a DG Publishing service
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News analysis, case studies and informed comment on the challenges facing UK pension schemes, from Pensions Expert, a DG Publishing service
News analysis, case studies and informed comment on the challenges facing UK pension schemes, from Pensions Expert, a DG Publishing service
The construction industry faces a severe skills shortage, with the need to hire 500,000 workers to support major infrastructure projects. Despite pension funds showing increased interest in investment, planning delays and labour scarcity pose significant challenges.
A survey found that 62% of the U.K.'s pension funds expect to increase investment in British infrastructure over the next 12 months.
The majority (62%) of pension schemes are planning to increase their investment in infrastructure over the next year, research from GLIL Infrastructure has found.