Aside from discussing the start of Advent, Bull and Bear assess the Chancellor’s Mansion House speech on 14 November and the implications of the biggest pension reform in decades for the UK property industry.
The Government wants to merge the UK’s 86 council pension schemes into a handful of “pension mega-funds”. It is hoped the changes will lead to billions of pounds being invested in the UK in areas such as energy infrastructure, tech start-ups and public services.
The proposals also indicate there will be significantly greater participation in impact funds and local investment strategies