{
  "id": 17789195,
  "title": "From pensions to quantum: UK retirement savings back Britain's deeptech ambitions",
  "url": "https://urgent.news/2026/11/02/from-pensions-to-quantum-uk-retirement-savings-back-britains-deeptech",
  "topic": "business",
  "section": "Business",
  "published": "2026-11-02T10:51:03.000Z",
  "source": {
    "name": "Tech.eu",
    "slug": "tech-eu",
    "url": "https://tech.eu/2026/11/02/from-pensions-to-quantum-uk-retirement-savings-back-britains-deeptech-ambitions/"
  },
  "original_language": "en",
  "account": "Scottish Widows, Aberdeen Investments, and IP Group have unveiled their initial investments aimed at linking workplace pension savings with high-growth, innovative UK science and technology companies through the CG Scottish Widows Growth LTAF (the 'Fund'). This Fund represents one of the earliest instances of UK pension schemes actively deploying capital into UK venture growth by linking institutional capital with high-potential British businesses. The Fund's initial investments include Oxford Quantum Circuits, Quantum Motion, Nyobolt, and Genomics Limited. These investments represent how pension capital can assist category-defining UK companies in transitioning from scientific leadership to commercial scale. The investments demonstrate a model that can be expanded over time, increasing the flow of long-term pension capital into high-growth UK businesses. The mandate aims to enhance retirement outcomes for members and tackle a significant hurdle for the UK innovation economy: the availability of substantial follow-on funding for companies prepared to commercialize and expand. Scottish Widows' Chief Investment Officer, Peter Fitzgerald, emphasized his belief that pension savers should reap the benefits of the growth and innovation occurring in the UK. Aberdeen Investments' Head of Private Markets Solutions, Nalaka De Silva, highlighted the UK's abundance of scientific excellence, entrepreneurial spirit, and talent for developing globally relevant ideas, yet the competitive companies have lacked sufficient pools of patient domestic capital to aid their expansion and growth. This partnership aims to transform intent into investment.",
  "summary": "Scottish Widows, Aberdeen Investments and IP Group today announced their first investments to connect workplace pension savings with high-growth, innovative UK science and technology companies via the...",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}