UK pension funds were warned they face large costs if they attempt to offload private market assets, following a warning by the industry regulator about some schemes’ high exposure to hard-to-sell investments, according to FT

The warning from the UK industry regulator indicates significant risks for pension funds attempting to liquidate private market assets, which could lead to higher costs. This may trigger a reevaluation of investment strategies within the sector, highlighting potential liquidity challenges and the implications for related assets and markets.