Reeves to create LGPS and DC 'megafunds' in Mansion House growth bid

‘Biggest pension reforms in decades’

Martin Richmond
clock • 3 min read

Chancellor Rachel Reeves will set out plans to create pension “megafunds” through a series of reforms to the Local Government Pension Scheme (LGPS) and defined contribution (DC) schemes as part of the government’s bid to generate economic growth and boost retirement outcomes.

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