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Going For Growth: Chancellor Unveils ‘Radical’ Reforms For Pensions And Financial Services
Thursday, 5 December 2024Chancellor Rachel Reeves used her first Mansion House speech to announce a package of ‘radical’ reform plans for UK pensions, including introducing new megafunds similar to successful schemes in Australia and Canada, which could unlock £80bn for investment.
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Autumn Budget 2024: Labour's Mission To "Grow The Economy"
Thursday, 31 October 2024Chancellor of the Exchequer, Rachel Reeves, delivered the Labour Government’s first Budget on 30 October with a promise to “restore economic stability” and "invest, invest, invest" to promote growth.
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Defined Benefit Pension Market Set To End The Year In Good Health
Friday, 25 October 2024Defined benefit (DB) pension schemes managed to shrug off the summer market volatility – particularly a sharp equity market fall in the first few days of August – and maintained ‘extremely positive’ funding levels, according to recent data.
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Over Half UK Pension Schemes Support New Tax Incentives To ‘Galvanise’ Pension Investment
Wednesday, 25 September 2024A recent poll conducted by XPS Group found that more than half (56%) of pension scheme representatives think the new Labour Government should consider introducing tax incentives to boost investment into the UK.
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Updated Data Standards Ahead Of Pension Dashboard Connection
Tuesday, 27 August 2024On 30 April 2024, the Pensions Dashboards Programme (PDP) published an updated version of data standards, as the pensions industry prepares itself for connection to the dashboards ecosystem in 2025.
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New Pensions Schemes Bill And Pensions Review Announced
Thursday, 8 August 2024The General Election was less than a month ago, but already the new Government has announced two landmark pieces of pensions legislation.
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