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.
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.
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?
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'.
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 infrastructure. Rachel Reeves will use her first Mansion House speech as Chancellor to outline the pensions shake-up.
UK Government Launches Pension Megafunds to Boost Economic Growth and Infrastructure
The UK government is set to implement major reforms in the pension sector by consolidating assets into “pension megafunds,” aimed at unlocking investment for critical infrastructure and fast-growing businesses.
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 ...
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 ...
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 ...
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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 ...
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Chancellor’s Bold Plans for Pension Megafunds
Chancellor Rachel Reeves unveils plans for pension 'megafunds' aimed at economic growth and better retirement outcomes.
UK pensions changes may favour bigger fund managers, executives say
Britain's plans to bulk up local government and private employer pension schemes into 'megafunds' to boost domestic investment are likely to benefit larger asset managers over smaller, more specialist ...
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.