UK pensions could raise up to £8bn by selling illiquid assets on the secondaries market over the next year, according to a MeltX and Mallowstreet report. The survey reveals that over 60% of defined benefit pension scheme advisers and trustees expect to utilize this market, unlocking value from assets typically locked away. This potential wave of sales represents a significant shift for a market historically dominated by institutional investors seeking liquidity for pension liabilities. The £8bn figure underscores the scale of assets potentially entering the secondary market, a development that could reshape liquidity dynamics and pricing for illiquid assets. MeltX and Mallowstreet's findings highlight growing pension fund confidence in accessing this market, suggesting a maturing ecosystem for secondary transactions. This surge in pension fund activity could increase competition and potentially lower prices for buyers, altering the landscape for investors seeking exposure to pension fund assets.