In her first Mansion House speech as Chancellor, Rachel Reeves has set her sights on reviving the UK’s economic growth with a bold proposal to reshape the country’s pensions market. Reeves unveiled plans to create “pension megafunds” aimed at unlocking up to £80 billion of investment for businesses and infrastructure projects across the UK. The […]
Read articleThe Chancellor of the Exchequer Rachel Reeves announced her commitment at the Labour party conference in Liverpool on 29 September, to further her pledge to invest monies in ensuring every young person that is not in Education, Employment or Training (NEET) will be offered a guaranteed work placement which is expected to be partially funded […]
Read articleThe UK government led by Chancellor Rachel Reeves, has launched a comprehensive review of pension schemes. This initiative is part of a broader strategy to enhance the efficiency and effectiveness of the UK’s pension system, particularly focusing on defined contribution (DC) schemes and the Local Government Pension Scheme (LGPS). The review seeks to address the […]
Read articleA joint regulatory strategy aimed at strengthening the relationship between the Financial Conduct Authority (FCA) and The Pensions Regulator (TPR) has been launched to deliver better outcomes for pension savers and those entering retirement. The strategy identifies key issues which contribute to the prospect of people not having adequate income, or the income they expected in retirement. […]
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