Bradford and Bingley and NRAM: Pension Funds
Commons · Question 20925 · Tabled 28 Aug 2026 · Treasury · Official record
Answered 4 Sep 2026
Question
Asked by Mike Wood
To ask the Chancellor of the Exchequer, with reference to the UK Asset Resolution Annual Report and Accounts 2025-2026, published 19 August 2026, what proportion of the assets in each of the (a) NRAM and (b) B&B funded defined benefit pension schemes are
Answer
Answered by Lucy Rigby, 4 Sep 2026
The NRAM and B&B pension schemes are managed independently from government by Trustees responsible for the schemes’ investment strategy. The schemes’ investments are concentrated in UK-based bonds, with no current equity holdings, reflecting their sta...