Regional Economic Growth: Pension Funds

Part of Treasury – in the House of Commons at on 4 November 2025.

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Photo of Torsten Bell Torsten Bell The Parliamentary Secretary, HM Treasury, The Parliamentary Under-Secretary of State for Work and Pensions

My hon. Friend is always a powerful advocate, both for the fast-growing companies in his Constituency and for the right pension policy for the UK as a whole, as we saw when he sat on the Pension Schemes Public Bill Committee. Sterling 20 is a new, investor-led partnership between the UK’s 20 largest pension funds and insurers. It was established at the regional investment summit in Birmingham on 21 October, and we are working closely with the partnership to deliver exactly the kind of investment that my hon. Friend talks about.

constituency

In a general election, each Constituency chooses an MP to represent them. MPs have a responsibility to represnt the views of the Constituency in the House of Commons. There are 650 Constituencies, and thus 650 MPs. A citizen of a Constituency is known as a Constituent