Reeves Pension Megafund Power Grab Panned by Industry

1 month ago 3
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The Treasury has fired out a long press release on the launch of Reeves’ project to consolidate pension funds into megafunds for more domestic investment. The key points of which are:

  • Multi-employer defined contributions schemes and Local Government Pension Scheme pools will have to manage at least £25 billion in assets by 2030.
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