Be Proud Of Your Pension | How Your Pension is Helping This Local Town
As UK high streets face challenges from the rise of internet sales, out-of-town retail competition, and the impacts of the pandemic, one town and its residents are fighting back – in part thanks to your pension investments.
Through our partnership with Legal & General, we invest some of your pension savings into property projects across the UK, including as part of an initiative to revitalise a shopping centre in Poole, Dorset. 10 local entrepreneurs were given the opportunity to open a shop on the street, outside the shopping centre, completely free from rent and business rates for 2 years.
Steve was one of these entrepreneurs. 10 years ago, he was homeless and suffering from drug addiction. Having learnt furniture restoration in rehab, he was able to turn his negative habits into positive ones and dedicated his time to perfecting his craft. Today, with a little help from your pension investments in Poole's property, he’s the proud owner of a furniture restoration business, Restored Retro.