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.
Chancellor Announces Pension Reforms with Mega Funds
Chancellor Rachel Reeves has announced a series of reforms to the pension system in her maiden Mansion House speech.
Govt plans pension ‘megafunds’ to unlock £80bn of investment
Rachel Reeves is set to unveil plans to merge local government pension scheme assets and consolidate defined contribution schemes into ‘megafunds’.
Rachel Reeves to create pension 'mega funds' to invest in infrastructure
Chancellor Rachel Reeves wants to copy the way Canada and Australia group their pension funds together in a bid to increase investment. The government believes this could bring in an extra £80bn of funding.
Reeves Plans Law to Create Pension ‘Megafunds’ in UK Growth Push
Chancellor of the Exchequer Rachel Reeves said the UK will introduce legislation next year to pool £1.3 trillion ($1.7 trillion) of pension savings into a series of “megafunds,” as the new Labour government tries to deliver on its pledge to boost private investment and economic growth.
UK plans to create pension megafunds with aim of unlocking $100 billion for investment
British Treasury chief Rachel Reeves said 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 U.K.'s subpar economic growth.
UK Set to Create New Pension Megafunds With Aim of Unlocking $100 Billion for Investment
British Treasury chief Rachel Reeves is set to announce plans later Thursday to merge dozens of pension funds with the aim of unlocking tens of billions of pounds for investment and boosting the U.K.’
'New pension megafunds plan will unlock billions for investment in infrastructure,' says Labour Minister
The UK Government plans to create pension megafunds that could unlock billions of pounds for infrastructure investment, Pensions Minister Emma Reynolds has told GB News. The initiative aims to consolidate existing pension schemes into larger funds capable of making substantial investments in major projects across Britain.
Chancellor to create pension 'megafunds' to drive economic growth - here's how it would work
A government plan to use people's pension savings to boost economic growth has broad public support, new research reveals. Do YOU think it's a good idea - take our poll.
Pension 'megafunds' to be created to boost investment and economic growth
Pension "megafunds" are set to be created to help unlock billions of pounds of investment in businesses and infrastructure. Rachel Reeves will use her first Mansion House speech as Chancellor to outline the pensions shake-up.
UK Government Launches Pension Megafunds to Boost Economic Growth and Infrastructure
The UK government is set to implement major reforms in the pension sector by consolidating assets into “pension megafunds,” aimed at unlocking investment for critical infrastructure and fast-growing businesses.
Pension 'megafunds' explained and what it means for your retirement savings
The reforms would consolidate almost 90 smaller local authority and private workplace schemes together, in the hope that ...
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Chancellor to unveil plans to merge local government pensions into ‘mega funds’
Chancellor Rachel Reeves' reforms will see the £360bn of assets in 86 local government pension schemes pooled into eight ...
Politics latest: No 10 weighs in on idea of four-day working week; chancellor set to dig into pension 'mega funds'
Chancellor Rachel Reeves will tonight deliver her first Mansion House speech, where she'll set out reforms to the pensions ...
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Rachel Reeves to 'rip up financial red tape' with pension 'mega funds' freeing up £80 billion for investment
Rachel Reeves looks set to "rip up financial red tape" as she introduces all-new pensions "mega funds' that could free up £80 ...
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 ...
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UK unveils ‘Australian-style mega-funds’ ambition for pension system
The UK Chancellor of the Exchequer Rachel Reeves has pledged to turn the nation’s pension providers into Australian- and Canadian-style “mega-funds”, by supercharging consolidation with measures such ...