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Pension ‘megafunds’ will boost growth and reward British savers – Reeves

  • The UK government plans to create pension "megafunds" aimed at unlocking billions in business and infrastructure investment, as announced by Rachel Reeves.
  • Rachel Reeves stated that these megafunds could bring in £80 billion for investment opportunities.
  • The reforms will be introduced through a new Pension Schemes Bill next year, consolidating DC schemes and pooling assets from local government pension authorities.
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