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UK plans to create pension megafunds with aim of unlocking $100 billion for investment
British Treasury chief Rachel Reeves says the government plans to merge dozens of pension funds with the aim of unlocking tens of billions of pounds for investment and boosting the U.K.’s sub-par economic growth.
UK plans overhaul of pension scheme to unlock investment
The UK government has unveiled a plan for a comprehensive overhaul of the pension sector, aiming to create 'megafunds' through consolidation, which could unlock significant investment in domestic infrastructure, projects, and new businesses.
UK plans to create pension mega funds and unlock billions for investment
British Chancellor of the Exchequer Rachel Reeves said on Thursday the government planned to merge dozens of pension funds with the aim of unlocking tens of billions of pounds for investment and boosting the UK's subpar economic growth.
'New pension megafunds plan will unlock billions for investment in infrastructure,' says Labour Minister
New pension megafunds plan will unlock billions for investment in infrastructure,' says Labour Minister. Posted: 14 November 2024 \ 'New pension me
1d
on MSN
Why do workers still yearn for a traditional pension over a 401(k)?
Boeing Co. unionized workers recently voted to accept the aerospace company’s third contract offer and end their strike. The ...
3d
Pension Investors Brace for Renewed Inflation
Don’t bank on lower interest rates or tame inflation next year, NYC pensions CIO Steven Meier says.
3d
on MSN
Lawmakers confront costly choices as state workers rally for better pension benefits
Two bills before Illinois lawmakers would address a disparity in pension benefits for state workers hired since a 2011 law ...
planadviser.com
3d
October Sees Gain in Corporate Pension Funded Status
An increase in discount rates helped corporate pensions by offsetting both a decline in asset values and weak investment ...
3d
Reeves in radical pension shake-up to boost growth
Chancellor Rachel Reeves is planning what she calls the "biggest pension reform in decades" in an attempt to boost economic ...
5h
December Pension Payments: Bonuses and Schedules
Pensions. "Rich" slip arriving in December. Although excluded from the Christmas Bonus, pensioners will receive a series of "gratuities" this month that will increase their check. Parental ...
4d
Britain eyes pension 'megafunds' to super-charge economy
Britain wants to build a slew of "megafunds" with up to 80 billion pounds ($102 billion) in fresh investment firepower, under ...
3d
NYC Pension Fund Decides to Join Climate-Finance Group
One of New York City’s pension funds is joining a climate-finance group as it double downs on efforts to address investment ...
Illinois Policy
3d
Illinois needs responsible Tier 2 pension reform
Illinois is at risk of getting in costly trouble with the federal government over its Tier 2 public employee retirement ...
12h
on MSN
Killing extra pension payment could spare Mayor Brandon Johnson and aldermen political headaches, but cost Chicagoans later
Some at City Hall are rallying around the idea of plugging the budget hole with money set aside to keep the city’s pension ...
2d
The UK's Slow Motion Pension Revolution
The big takeaway from the Mansion House speech is that the chancellor wants Britain to have a smaller number of pension ...
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Rachel Reeves
megafunds
United Kingdom
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