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.
'New pension megafunds plan will unlock billions for investment in infrastructure,' says Labour Minister
The UK Government plans to create pension megafunds that could unlock billions of pounds for infrastructure investment, Pensions Minister Emma Reynolds has told GB News. The initiative aims to consolidate existing pension schemes into larger funds capable of making substantial investments in major projects across Britain.
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.
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.
Pension Investors Brace for Renewed Inflation
Don’t bank on lower interest rates or tame inflation next year, NYC pensions CIO Steven Meier says.
State leaders urged to divest pension funds from China: watchdog
A watchdog letter is urging U.S. state leaders to divest public funds from China, citing rising risks of geopolitical ...
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 ...
House passes legislation to end Windfall Elimination Act and Government Pension Offset
This could make a huge difference for millions of Americans if it also passes the Senate and gets signed into law.
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 ...
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Here's the new interim head of the retired teachers' pension fund
Aaron Hood, a financial expert for the United States Military Academy at West Point, will be taking charge of the chaotic ...
NYC Pension Fund Decides to Join Climate-Finance Group
One of New York City’s pension funds is joining a climate-finance group as it double downs on efforts to address investment ...
Pension ‘megafunds’ will boost growth and reward British savers – Reeves
In her first Mansion House speech as Chancellor, Rachel Reeves announced plans for megafunds which she said could unlock £80 ...
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G4S completes $2.3 million full pension plan buy-in with Just Group
The trustee of the G4S pension plan completed a £1.8 billion ($2.3 billion) full buy-in with U.K. financial services firm ...
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Illinois needs responsible Tier 2 pension reform
Illinois is at risk of getting in costly trouble with the federal government over its Tier 2 public employee retirement ...
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Tensions high between Dallas Police and Fire Pension board members, city consultant
There is currently a legal battle underway between the city of Dallas and the Dallas Police and Fire Pension System's board ...
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October Sees Gain in Corporate Pension Funded Status
An increase in discount rates helped corporate pensions by offsetting both a decline in asset values and weak investment ...