Bloomberg Talks cover image

Bloomberg Talks

Phoenix CEO Talks Pension Funds, UK Optimism

Jan 30, 2025
Andy Briggs, the CEO of Phoenix, the UK's largest retirement savings business, shares insights on the economic outlook and investment strategies for pension funds. He discusses how the UK government is prioritizing infrastructure and startup investments to spur growth. Briggs delves into the challenges surrounding major projects like Heathrow's third runway and the need for collaboration. He also highlights the Future Growth Capital initiative aimed at enhancing local investments, balancing business interests with government objectives.
09:56

Episode guests

Podcast summary created with Snipd AI

Quick takeaways

  • The UK government's commitment to infrastructure investment is vital for fostering economic growth and enhancing business confidence.
  • A significant portion of pension assets remains underutilized in productive investments, highlighting the need for improved allocation strategies.

Deep dives

The Drive for Economic Growth

The government's commitment to driving economic growth is essential for improving business and consumer confidence in the UK. Infrastructure investment is identified as a key factor that not only creates jobs but also enhances the attractiveness of the UK for potential investors. Supporting the scaling of startups is equally vital, with initiatives like the European Silicon Valley highlighting the potential for rapid economic development. By leveraging the innovative capabilities of top universities, the government aims to transform academic advancements into scalable business opportunities, driving overall economic enhancement.

Get the Snipd
podcast app

Unlock the knowledge in podcasts with the podcast player of the future.
App store bannerPlay store banner

AI-powered
podcast player

Listen to all your favourite podcasts with AI-powered features

Discover
highlights

Listen to the best highlights from the podcasts you love and dive into the full episode

Save any
moment

Hear something you like? Tap your headphones to save it with AI-generated key takeaways

Share
& Export

Send highlights to Twitter, WhatsApp or export them to Notion, Readwise & more

AI-powered
podcast player

Listen to all your favourite podcasts with AI-powered features

Discover
highlights

Listen to the best highlights from the podcasts you love and dive into the full episode