Question to the HM Treasury:

To ask the Chancellor of the Exchequer, what steps she is taking to help ensure that pension investment rules (a) safeguard pensions and (b) encourage greater occupancy of vacant commercial properties.

This question was answered on 9th June 2025
Pension schemes can rent out commercial property at below market value.

The only restriction on this is that there is an unauthorised payment charge where the tenant is connected with the pension scheme. This rule prevents value being transferred out of the pension scheme and the Government has no plans to review this.