01.11.2011 - UK: Cameron considers sovereign fund to cut pensions deficit
David Cameron is considering a sovereign bond fund to invest in infrastructure and plug the UK's £1.3 trillion public sector pension deficit. If the Treasury issued enough sovereign gilts, a massive fund could be created to bankroll large-scale infrastructure projects, such as building new housing, power stations and roads. This could produce enough returns in the long-term to meet pension liabilities when they fall due...............................................Full Article: Source
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