Reeves in radical pension shake-up to boost growth - BBC
Nov 14, 2024 · Chancellor Rachel Reeves is planning what she calls the "biggest pension reform in decades" in an attempt to boost economic growth. The government wants to merge the UK's 86 council pension...
What is Rachel Reeves' plan for pension funds? - BBC News
Nov 14, 2024 · What is Rachel Reeves' plan for pension funds? Plans for a major shake-up of pension funds have been announced by the chancellor, Rachel Reeves. She wants to create pension "megafunds" by...
Autumn Statement 2024: Reeves ready to raid pension tax-free …
Oct 9, 2024 · Rachel Reeves is set to cut the lump sum you can withdraw from your pension tax-free to £100,000 in the Autumn Statement, reports suggest. According to reports from The Telegraph, the Chancellor will reduce the tax-free limit by …
Pension warning as Reeves delays system shake-up in 'deeply …
Dec 16, 2024 · Millions of savers could lose up to £35,000 in retirement savings after Chancellor Rachel Reeves put the second phase of a crucial pensions review on hold indefinitely. The delay comes amid concerns about adding financial pressure on businesses, following backlash over the Budget's £25bn national insurance contributions bill for employers.
No evidence Rachel Reeves said pensions ‘can no longer be an ...
Jul 9, 2024 · Chancellor Rachel Reeves announces new pension rules by saying “the State Pension is a benefit, it can no longer be an entitlement for all”. There’s no evidence Ms Reeves has said this or that she has announced any changes to …
Major pension changes being announced by Rachel Reeves
Nov 11, 2024 · Rachel Reeves is expected to unveil pension reforms this week which are intended to channel money into infrastructure and private businesses. The Chancellor is also expected to use her first Mansion House speech in the City of London to “spell out the next phase” of Labour ’s plan in Government, after her key pledge in October’s Budget ...
Rachel Reeves to announce plans to create ‘Canadian-style’ pension …
Aug 6, 2024 · Chancellor Rachel Reeves will meet bosses of big pension schemes in Toronto on Wednesday, as she seeks to create a “Canadian-style” model in the UK with massive retirement funds investing in...
Rachel Reeves unveils pension system overhaul: What is being …
Nov 15, 2024 · Chancellor Rachel Reeves has significant unveiled pension reforms in her first Mansion House speech, with proposals aimed at transforming the UK's status quo. The reforms centre on two key initiatives: the creation of pension megafunds and changes to Local Government Pension Scheme (LGPS) pooling.
Rachel Reeves plots major pension system overhaul but analysts …
Nov 14, 2024 · Rachel Reeves is set to announce major reforms to merge local Government pension schemes into "megafunds" through a new Pension Schemes Bill next year but experts claim the move will be a "grave mistake".
Reeves puts phase 2 of pensions review on ice - FTAdviser
Dec 16, 2024 · Rachel Reeves has reportedly hit the pause button on phase two of the pensions review due to fears it may force employers to increase their contributions to staff retirement pots.