Labour's pension system overhaul under fire as savers could be left worse off in retirement

Labour's pension system overhaul under fire as savers could be left worse off in retirement

Millions 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…

UK Pensions | Mansion House II: a new Compact

In our first blog on the Government’s Mansion House reforms we considered the humble fiduciary duty, and its potential to deter trustees from investing in UK growth assets. In this second blog we turn our attention to proposed changes to the Mansion House Compact. This is a different strand of Government policy – the Compact is not legally binding, but rather a voluntary code aiming to increase investment in unlisted equity. The original Compact…

Panel Session: Pensions and Retirement

12:00PM - 12.30PM In this session we discuss the challenges facing the pensions and retirement industry, the wider impact of retirement planning in the UK and abroad following the change of government in the UK and how advisers and the industry in general can help clients navigate the choppy waters. Featuring guest speakers including Rachel […] The post Panel Session: Pensions and Retirement appeared first on Investment International.