questionText: To ask the Chancellor of the Exchequer, what recent estimate she has made of the UK’s exposure to Chinese (a) sovereign debt and (b) state-backed entities through (i) public pension funds and (ii) financial institutions.
answerText: Seven of the eight largest Public Service Pension Schemes (PSPSs) are unfunded, which means that they do not hold or invest assets against their pension liabilities and instead the Exchequer pays pensions as they come due. The largest funded PSPS is the L...
heading: Financial Institutions and Pension Funds: China