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Pensions 'may give big boost to SMEs'

PENSION-LED business funding has the potential to provide an estimated £100bn of finance to small businesses in the UK, according to specialist funder Clifton Asset Management.

Bristol-based Clifton, which has recently opened in Glasgow and stages a free seminar at The Lighthouse tomorrow, says pension-led funding has helped more than 1200 SMEs and secured more than 10,000 jobs.

It cites Carlisle-based tyre-maker DMACK, which saw sales rocket four-fold overnight after winning a contract to supply the World Rally Championship.

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Finance

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