National Wealth Fund: Workplace Pensions — Written Question

Question

Mike Wood

Conservative — Kingswinford and South Staffordshire

To ask the Chancellor of the Exchequer, which organisation administers the defined contribution staff pension scheme for the National Wealth Fund; and what information her Department holds on the proportion of the funds are invested outside the UK.

Answer

James Murray

The National Wealth Fund selected a pension provider adhering to Cabinet Office guidance. As an operationally independent body, the National Wealth Fund administers its pension scheme in accordance with its framework document and public sector pay guidanc...

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