Could new pension freedoms spark renewables investment surge?

Jessica Shankleman
clock

Former Climate Minister Greg Barker predicts retirees could use lump sum payments to invest in green technologies that would boost their energy independence and offer attractive returns

Changes to the pension rules next month that will allow retirees to drawdown a lump sum, could spark a rush of investment in renewables, such as new solar rooftop schemes, the Prime Minister's envoy on...

To continue reading this article...

Join BusinessGreen

In just a few clicks you can start your free BusinessGreen Lite membership for 12 months, providing you access to:

  • Three complimentary articles per month covering the latest real-time news, analysis, and opinion from Europe’s leading source of information on the Green economy and business
  • Receive important and breaking news stories via our daily news alert
  • Our weekly newsletter with the best of the week’s green business news and analysis

Join now

 

Already a BusinessGreen member?

Login

More on Investment

Survey: Younger people leading drive towards greener pensions

Survey: Younger people leading drive towards greener pensions

OVO-commissioned study reveals under 35s are nearly three times more likely than those over 65 to know exactly where their pension is invested

BusinessGreen staff
clock 21 August 2025 • 2 min read
Meatable acquires Uncommon's cultivated meat platform

Meatable acquires Uncommon's cultivated meat platform

Lab grown meat pioneer pledges to progress and scale up Uncommon Bio's alternative protein innovation, after Cambridge-based firm shifts focus to therapeutic products

Stuart Stone
clock 21 August 2025 • 4 min read
Clean Growth Fund secures initial £49m in backing for UK climate tech

Clean Growth Fund secures initial £49m in backing for UK climate tech

Climate tech venture capital firm has raised almost a third of £150m target to accelerate net zero innovation

Stuart Stone
clock 18 August 2025 • 2 min read