Odaily Planet Daily News: A UK pension plan has been criticized for investing in Bitcoin. This £ 1.5 million investment comes from its £ 50 million asset pool, aimed at increasing employee returns. This move occurred before the significant increase in Bitcoin prices after Trump won the election. Several experts criticized the decision of the pension fund, warning that it risks "gambling on the future of retirees". Kingsfleet Managing Director Colin Low called this move "very strange". He believes that pension funds should prioritize long-term investments over speculative bets. Low pointed out that it is ironic that funds with such a long investment horizon bet beneficiaries' assets on Bitcoin, as he believes Bitcoin lacks intrinsic value. Daniel Wiltshire, an actuary at Wiltshire Wealth, called this investment "extremely irresponsible". He emphasized that pension trustees must manage assets prudently and urged UK financial regulators to intervene to protect members. However, there are also opinions that support the fund's approach. Chris Barry, a director of Thomas Legal, stated that allocating less than 5% of funds to cryptocurrencies is "wise" and urged UK pension funds to follow the example of their American counterparts who have been investing in cryptocurrencies for many years. (Sky News) Previously, Cartwright, a UK pension fund consulting firm, was urging institutional investors to allocate their assets to Bitcoin and has successfully guided the country's first pension fund to allocate this asset. Cartwright's head of digital assets, Glenn Cameron, stated that the unnamed fund allocated 3% of its £ 50 million ($65 million) to Bitcoin last month after "lengthy consultations with the trustees of the plan, with detailed discussions on ESG, investment cases, and security.