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Rachel Reeves, Local Government Pension Scheme
What the new ‘pension megafunds’ plan by Rachel Reeves means for YOUR retirement
THE government is set to announce huge plans to create “pension megafunds” in a bid to boost both savers’ retirement pots and investment in the UK. Chancellor Rachel Reeves will
Rachel Reeves seeks scale to solve UK pension investment problem
As chancellor, Rachel Reeves has recognised the problem. But she intends to tackle it not by seeking to mandate pensions to invest more into the UK through legislation. Instead, she’s trying to remove barriers to investment including those that derive from operating subscale funds.
Reeves to rip-up pension rules in dash for growth
Rachel
Reeves
will set out plans to create British ‘megafunds ... The speech will also unveil plans to condense the
Local
Government
Pension
Scheme
(LGPS), currently a collection of 86 separate funds worth a combined £360bn, into fewer, bigger ...
Rachel Reeves to create “pension megafunds” to boost UK growth
The chancellor will use her maiden Mansion House speech to unveil what she calls the "biggest pension reform in decades". How will her plans affect your retirement savings?
What pension 'megafund' changes announced by Rachel Reeves could mean for you
Chancellor Rachel Reeves plans to merged dozens of council pensions schemes into much larger schemes. Some experts have warned 'big isn't always beautiful'.
Reeves to create pension 'mega funds' to invest in infrastructure
Pension "mega funds" will be created under government plans to increase infrastructure investment. Reforms could "unlock £80bn" of investment, according to Treasury plans, which say bigger funds can get greater returns.
Reeves to force UK council pensions to consolidate into eight ‘megafunds’
Reeves told the Financial Times that the development of eight pools worth an average £50bn by 2030 would end the role of local councils in administering the money and boost “fast-growing British businesses and infrastructure”.
'Too small' pension funds hold back growth - Reeves
The chancellor wants to merge the UK's pension funds, but critics worry about the impact on savers.
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.
Hosted on MSN
19h
How Rachel Reeves wants to use your pension to fuel growth
Rachel
Reeves
wants her maiden Mansion House speech to be ... She is widely expected to unveil plans to shake up ...
portfolio-adviser.com
15h
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 ...
6h
UK Finance Minister Rachel Reeves eyes pension funds to tackle country's investment gap
Reeves intends to consolidate Local Government Pension Scheme (LGPS) into eight pension “megafunds” to streamline operations ...
Hosted on MSN
12h
What Rachel Reeves’s pension changes mean for your money
Chancellor
Rachel
Reeves
will outline a series of pensions changes in a Mansion House speech on Thursday night. In the ...
15h
Rachel Reeves’s pension ‘megafund’ reforms savaged as ‘high risk, low return'
The Chancellor has claimed the pension reforms could unlock billions of pounds of investment in UK businesses.
9h
on MSN
Reeves’s radical pensions reforms risk leaving taxpayers ‘on the hook’
Rachel Reeves’s radical pensions reforms risk putting retirements in danger and leaving taxpayers “on the hook” if ...
11h
on MSN
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 ...
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