U.K. government pledges support to expand impact investing

Tuesday, June 12, 2018

The U.K. government will work with the financial services industry to help make impact investing easier, including potential changes to pension fund law.

The government published a response to an industry-led report released in November, which made five recommendations aimed at enabling investment to be better aligned with investor values.

In its response Tuesday, the government said it was committed to working with the investment and savings industries to support the launch of further social impact investment strategies and encouraging more investments into relevant areas, such as opportunities that address social challenges.

Source: Pensions & Investments (link opens in a new window)

impact investing, social enterprise