MPs’ Pension Scheme Managed Offshore

Potentially every MP has investments managed offshore through the parliamentary pension scheme. The latest annual accounts of the Parliamentary Contributory Pension Fund disclose that one of the fund’s managers is BlackRock UK Property Fund. A quick look at said fund’s prospectus shows it is domiciled offshore in Jersey:

When Labour MPs condemn Cameron’s father as “absolutely disgusting” for incorporating trusts offshore, remember their own pension scheme is run by fund managers domiciled in Jersey…




Tip offs: 0709 284 0531
team@Order-order.com

Quote of the Day

John McDonnell tells the Gallery/Lobby lunch what the priest told him to do…

‘He persuaded me to do this. He said you need to soften your image. So do Mumsnet and do this…. I’m trying to soften my image.’

Sponsors

Guidogram: Sign up

Subscribe to the most succinct 7 days a week daily email read by thousands of Westminster insiders.
Downing Street to Gary Gibbon Downing Street to Gary Gibbon