gavreid
Pretty Words...
Well in the case of USS for example, which was coerced into putting up 20% of Thames Water, it's private money that they want to spaff at the casino - my money! My own case has been with the pensions ombudsman for 5 years waiting for a decision.This “wealth fund” is not more than ring fencing public spending for private purposes. To try to claw some of that back by getting pension funds to invest is exactly the same as government issuing bonds.