#BeyondTheTracks200 blog

Railpen, who administers pensions for the UK rail industry including the Railways Pension Scheme, has joined forces with the UK’s leading pension schemes to champion savers’ interests and drive economic growth through a new Governance for Growth Investor Campaign (GGIC).

The GGIC brings together several of the UK’s leading pension schemes and aims to secure a thriving UK economy that protects the long-term interests of everyday savers.

Through their pension schemes, UK savers have invested £1.4 trillion in UK companies and assets. This campaign aims to protect these savers’ interests by setting companies up for long-term growth, calling for:

• Better corporate governance standards to ensure UK companies are managed effectively, making them more attractive to investors around the world

   

• Improved pension scheme access to exciting, innovative companies so they can generate better outcomes for their savers while helping UK companies grow

   

• Greater support for UK companies to help them scale and mature across different UK markets

 By ensuring UK companies are set up to make better decisions that support long-term value creation, and by removing barriers to investment and engagement for pension schemes, GGIC members are working to generate better returns for their savers while driving UK economic growth.

Caroline Escott, Head of Investment Stewardship and Co-Head of Sustainable Ownership at Railpen said: “Our campaign brings together a group of leading UK pension funds, who are already extensive investors in the UK economy. Together, we’re working to highlight how good governance goes hand in hand with a growing economy and thriving capital markets.”

To find out more about GGIC, click here.