Bitcoin Enters UK Retirement Funds: A Game-Changer for Pensions

A UK pension scheme recently made history by allocating 3% of its portfolio to Bitcoin, marking a bold step into cryptocurrency for the traditionally conservative sector.

Cartwright, a specialist in pension investments, led this pioneering move after extensive training and due diligence. The firm believes Bitcoin’s unique asymmetric return profile can yield substantial gains with a minimal allocation. Director of Investment Consulting, Sam Roberts, described the decision as a strategic diversification to future-proof the scheme against economic challenges.

To manage risks, Cartwright has implemented a secure custodial solution and a mechanism for trimming profits, allowing even risk-averse schemes to explore Bitcoin’s growth potential while maintaining a stable investment strategy. This low-threshold solution opens Bitcoin investment to pension schemes of various sizes, aiming to deliver long-term value and reduce reliance on employer contributions.

Clever Robot News Desk 6^th November 2024