Pension providers always need to be on the lookout for the best way to invest their members’ money. Pick the right investments, and people will get larger pension pots when they come to retire. Of course, get it wrong, and the opposite happens.

Well, there’s a new industry which wants to attract more investment from pension funds - the life sciences industry – that’s the industry which comes up with new drugs to keep us healthy and which proved its worth during the Covid pandemic.

The UK has a great track record of coming up with ideas, but there’s a lack of financial backing, forcing start-up companies to go abroad.

Today Phil Brown talks to a life science expert Dr Dan Mahony, to ask whether pension providers are letting down UK life science companies by being too slow to get onboard.