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Top Global Workplace Insider News
UK Economy · LondonA new government initiative is being launched with pension providers aimed at boosting investment in UK companies. Seventeen workplace pension providers will today sign up to a voluntary initiative called the Mansion House Accord, which ministers say could release £25bn directly into the UK economy by 2030.See the Story
Government hails new agreement with pension providers to boost investment in UK firms
49% Center coverage: 8 sources
United Kingdom · United KingdomMillions of pension savers could face lower returns under Labour’s proposed shake-up of pension rules. Chancellor Rachel Reeves wants funds to back British assets more heavily, but experts and industry insiders warn this could damage long-term outcomes for retirees.Reeves is pushing for pension schemes to direct more investment into UK businesses, infrastructure and private markets, arguing this will boost national growth. But critics say forcin…See the Story
Labour's pension system overhaul under fire as savers could be left worse off in retirement
100% Right coverage: 1 sources
United Kingdom · United KingdomOn September 8, 2021, the Department of Work and Pensions began its consultation on the proposed drafting of regulations in relation to the Pensions Regulator’s ‘notifiable events’ regime. The proposed changes included the introduction of two new employer-related notifiable events, an amendment to an existing employer-related notifiable event and the deletion of an existing employer-related notifiable event. In addition to the above, the consult…See the Story
