Current status: Answered by Jenny Gilruth on 27 July 2026
To ask the Scottish Government what consideration it has given to increasing investment in Scotland through Local Government Pension Scheme funds, which are reported to hold assets of around £75 billion, and savings held by individuals in Scotland, including around £30 billion in Cash ISAs and £30 billion in Stocks and Shares ISAs.
The Scottish Government is committed to increasing private capital investment to Scotland to grow the Scottish economy and support a just transition.
We are promoting Scotland as a place to invest and exploring new ways to mobilise capital from a range of sources, including working with the Scottish Local Government Pension Scheme (SLGPS) to increase investment into projects and businesses in Scotland. We will continue working with the SLGPS funds and other partners to support opportunities for increased investment in Scotland within fiduciary and statutory parameters, as part of a wider programme to attract the scale of investment required to support our policy aims.