Reeves to announce ‘megafunds’ shake-up of local government pension scheme | Pensions industry

Reeves to announce ‘megafunds’ shake-up of local government pension scheme | Pensions industry

Rachel Reeves will announce plans to merge native authorities retirement schemes into “megafunds” as she tries to revive long-running efforts to overtake the UK’s public pension system. The chancellor will inform an viewers of Metropolis leaders and chief executives on Thursday that she is going to introduce a brand new pensions invoice subsequent 12 months … Read more