Reeves in radical pension shake-up to boost growth
UK public sector pension funds are not big enough to generate good returns for British savers, Chancellor Rachel Reeves has told the BBC. Her comments come as the government reveals plans to merge the UK's local government pension scheme, a group of funds which together manage £354bn in investments, into a handful of "pension megafunds".
As a nurse in her 30s, Kristen Perez cringes at the prospect of working until she’s almost 70. But because of changes made to ...
British Treasury chief Rachel Reeves is set to announce plans later Thursday to merge dozens of pension funds with the aim of ...
One of New York City’s pension funds is joining a climate-finance group as it double downs on efforts to address investment ...
Reforms will be introduced under a new Pension Schemes Bill next year, as part of Government plans to boost economic growth.
Slovakia's presidential office said Thursday it has stopped sending pension payments to former President Andrej Kiska because of his tax fraud conviction, and Kiska said he would challenge the move.
Retirees who rely on the state pension as their sole source of income are likely to need to pay income tax from April 2027.
The Chancellor has claimed the pension reforms could unlock billions of pounds of investment in UK businesses.
Britain wants to build a slew of "megafunds" with up to 80 billion pounds ($102 billion) in fresh investment firepower, under ...
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