UK plans to create pension megafunds with aim of unlocking $100 billion for investment
LONDON (AP) — British Treasury chief Rachel Reeves said Thursday the government planned to merge dozens of pension funds with the aim of unlocking tens of billions of pounds for investment and boosting the U.K.'s subpar 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
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.
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).
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.
UK plans for pension ‘megafunds’ to unlock £80bn of investment
UK Chancellor Rachel Reeves is expected to further flesh out in her Mansion House speech this evening (14 November) her ideas for steering pension funds,
Bloomberg Daybreak Europe: UK Plans Pension ‘Megafunds’
Overnight on Wall Street is morning in Europe.Monitor your investments 24 hours a day, around the clock from around the globe. Hosted by Caroline Hepker and Roger Hearing.
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.’
'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.
U.S. News & World Report1d
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 ...
AOL1d
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 ...