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 econ
Plans for pension ‘megafunds’ unveiled to boost growth and reward British savers
Plans for pension ‘megafunds’ unveiled to boost growth and reward British savers - In her first Mansion House speech as Chancellor, Rachel Reeves announced plans for megafunds which she said could unlock £80 billion for investment.
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 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.’
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.
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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 ...
portfolio-adviser.com17h
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
The proposed pension "mega funds" could see around £80 billion freed up to invest in UK businesses and infrastructure.
Reeves in radical pension shake-up to boost growth
UK public sector pension funds are not big enough to generate good returns for British savers, Chancellor Rachel Reeves has ...
Morning Star9h
Reeves plots mega raid on pensions, union warns
MORE than six million workers’ pension pots are at risk under Treasury plans to create so-called “megafunds” to siphon off ...
YTN17h
UK pushes to create 'mega fund' to integrate local government pension fund
The UK government is pushing for the creation of a "mega fund" that integrates dozens of local government pension funds to boost investment. Treasury Secretary Rachel Reeves says she is pushing ...