local government pension scheme news

UK plans overhaul of pension scheme to unlock investment

The UK government has unveiled a plan for a comprehensive overhaul of the pension sector, aiming to create 'megafunds' through consolidation, which could unlock significant investment in domestic infrastructure, projects, and new businesses.

ABC · 17h

UK plans to create pension megafunds with aim of unlocking $100 billion for investment

British Treasury chief Rachel Reeves says the government plans 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 econ

This Is Money on MSN · 1d

Chancellor to create pension 'megafunds' to drive economic growth - here's how it would work

A government plan to use people's pension savings to boost economic growth has broad public support, new research reveals. Do YOU think it's a good idea - take our poll.

Daily Mail on MSN · 1d

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.

Armed robbery in Revesby4h

GAD Analysis Backs Government Pension Reforms

GAD's analysis has supported the government's work around pension reforms, which were announced by the Chancellor during the ...

Financial News12h

Government Initiates Pension Reforms with Interim Report

The UK government publishes an interim report proposing reforms for DC and LGPS to enhance scale and efficiency in pension ...

Employee Benefits1d

Government to create pension megafunds

schemes and pooling assets from the 86 separate local government pension scheme authorities. This will mirror current ...

Which29d

What is the Local Government Pension Scheme?

Get to grips with how the Local Government Pension Scheme works - from how much you need to pay in to what you'll get when you retire. What is the Local Government Pension Scheme (LGPS ...

Funds Europe1d

BVCA welcomes UK government’s pension reforms

The UK private capital trade body, the BVCA, has welcomed an announcement - expected to be made by the chancellor ...

Yahoo Finance1d

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

Rachel Reeves is promising to introduce the ‘biggest pension reforms in decades’ in the UK.Photograph: Tayfun Salcı/ZUMA Press Wire/REX/Shutterstock Rachel Reeves will announce plans to merge ...

BBC2mon

'Government workers still waiting for pension payouts'

The pension fund is part of the Local Government Pension Scheme and works in partnership with the seven West Midlands Metropolitan District Councils: Birmingham, Coventry, Dudley, Sandwell ...

cumnockchronicle.com10d

Miners pension scheme decision: Labour MP Lillian Jones

A LOCAL MP has said it is a "victory" for miners across the area to finally get the pensions they deserve. Last week, the government announced moves to overturn an “historic injustice” involving ...

Mansfield and Ashfield Chad on MSN5d

Mineworkers’ Pension Scheme: Notts campaigner hails ‘end of long, long fight’ over injustice

Mick Newton, worked at Thoresby Colliery for 15 years and has been campaigning for a fairer deal for the past decade ...

MoneyWeek4mon

What does a Labour government mean for your pension?

In the three months since Keir Starmer’s government was formed, a lot has been announced on the topic of pensions. In July, chancellor Rachel Reeves promised a “big bang of reforms to unlock ...

11don MSN

UK-based pension scheme makes 3% Bitcoin allocation

United Kingdom-based pension specialist Cartwright reported that an “unnamed scheme” had made a 3% allocation of Bitcoin into ...

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