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 unlocking tens of billions of pounds for investment and boosting the U.K.’s sub-par economic growth.
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.
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 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.
Reeves to announce plans to form pension megafunds in 'radical' reform package
Chancellor, Rachel Reeves, is set to announce plans to create 'pension megafunds' in her upcoming Mansion House speech, as part of a
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 for the biggest shake-up in pensions seen in decades, Finance Minister Rachel Reeves says.
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?
Chancellor’s Bold Plans for Pension Megafunds
Chancellor Rachel Reeves unveils plans for pension 'megafunds' aimed at economic growth and better retirement outcomes.
Pension ‘megafunds’ to boost UK investment says government
Financial Services are the “crown jewel” in the UK economy – the Chancellor Rachel Reeves will declare tonight. At tonight’s Mansion House speech in the City, she will call on Britain’s massive pension fund industry to pump more of its investments into the country’s infrastructure.
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 'megafunds'.
'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.
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 ...
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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 ...