Reeves wants pension ‘megafunds’ to boost growth

Reeves Plans Law to Make Pension ‘Megafunds’ in 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.
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
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 UK businesses and infrastructure. Rachel Reeves will use her first Mansion House speech on Thursday as chancellor to outline what is billed as the biggest pensions shake-up in decades.
Chancellor’s plan to create eight pension ‘megafunds’ could unlock significant investment in high-growth businesses
Unlock significant investment in high-growth businesses with the Chancellor's plan to create 'megafunds' for pension consolidation.
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’.
Reeves eyes £80bn investment with pension ‘megafunds’
Chancellor Rachel Reeves is set to unveil a proposal to consolidate £400bn of UK local authority pension schemes.
Labour to 'miss homes pledge' and 'pension megafunds' plan
The House passed House Resolution 82, the Social Security Fairness Act of 2023, on Tuesday, Nov. 12. H.R. 82 aims to eliminate two provisions in the United States, including the Windfall Elimination Provision (WEP) and the Government Pension Offset (GPO).
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 growth. The government wants to merge the UK's 86 council pension schemes into a handful of "pension megafunds".
Reeves to shake up pensions to try to boost growth
Chancellor Rachel Reeves is to set out what she is calling the "biggest pension reform in decades" in an attempt to boost growth. The government wants to merge the UK's 86 council pension schemes into a handful of "pension megafunds".
Reeves to rip-up pension rules in dash for growth
Rachel Reeves will tear up workplace pension rules as part of a broader shake-up that the Chancellor claims will unlock up to £80bn in investment.
'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.
U.K. 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 ...
New Pension Schemes Bill: What you need to know about the megafunds shake-up
Reforms will be introduced under a new Pension Schemes Bill next year, consolidating defined contribution (DC) schemes and ...
UK eyes pension ‘megafunds’ to spur economy
Britain wants to build a slew of “megafunds” with up to £80bil or about US$102bil in fresh investment firepower, under plans ...
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Britain Eyes Pension 'Megafunds' to Super-Charge Economy
LONDON (Reuters) -Britain wants to build a slew of "megafunds" with up to 80 billion pounds ($102 billion) in fresh ...
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What does the launch of pension megafunds mean for investors?
New plans will see the 86 authorities managing local government pension schemes pooling their assets into a smaller number of ...