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 told the BBC. Her comments come as the government reveals plans to merge the UK's local government pension scheme, a group of funds which together manage £354bn in investments, into a handful of "pension megafunds".
Reeves to rip-up pension rules in dash for growth
Rachel Reeves will set out plans to create British ‘megafunds’ - Stefan Rousseau/PA Wire 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. In her maiden ...
As a nurse in her 30s, Kristen Perez cringes at the prospect of working until she’s almost 70. But because of changes made to ...
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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Britain wants to build a slew of "megafunds" with up to 80 billion pounds ($102 billion) in fresh investment firepower, under ...
The U.S. House of Representatives passed the Social Security Fairness Act. It eliminates two provisions from the 1980s that ...
The state pension is set to reach £12,592 by 2027, meaning it will exceed the tax-free personal allowance. We look at the ...
Kentucky’s state pension system continues to improve after two decades of neglect, although it’s still billions of dollars ...
Secretary of State for Work and Pensions Liz Kendall has said there is no “tension” between plans to make savings from ...
The petition triggered a debate as it was signed by more than 5,000 people, and claimed the current system amounts to "double ...
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