Government plans pension reform to boost growth
Restrictions on surplus cash in pension schemes could be eased to get more money into the economy.
Britain's Starmer to announce growth-boosting pension reform plans
British Prime Minister Keir Starmer and finance minister Rachel Reeves will meet business leaders on Tuesday to announce pension sector reforms that they hope will boost economic growth and investment.
UK Pursues Pension Fund Reform, Moves to Boost Economic Growth
The UK government is looking to alter how defined benefit pension plans are managed by allowing excess funds to be funneled to private firms. This should also
Pension shake-up plan aims to boost growth
The government is proposing to ease restrictions on how some pension schemes are managed, as part of efforts to boost economic growth. The Treasury said defined benefit pension schemes have a total surplus of £160bn, but under current rules much of the money is trapped and cannot be invested in the wider economy.
Opinion
Price tag for union-backed state pension reform is nearly $30 billion
Gov. JB Pritzker supports bringing pensions into compliance with federal Social Security laws, but he doesn't support any proposal that is "credit negative or threatens the State’s balanced budget."
Unlocking Pension Surpluses: How the UK Plans to Fuel Economic Growth
In an effort to free up billions of pounds that are now locked up in defined benefit plans, the UK government has announced measures to change pension regulations. In line with the government’s increasing emphasis on wealth creation,
Chile’s Senate Approves Pension Reform, Setting Up Crucial Votes
Chile’s Senate approved a long-sought reform to raise pensions for current and future retirees, advancing the legislation to ...
RTE Online6h
Firefighters accuse Government of 'pensions betrayal'
Younger members of Dublin Fire Brigade, who are members of SIPTU, have delivered a letter to the Department of Housing, Local ...
Pensions&Investments6d
Illinois Tier 2 pension reform bill could cost state $30 billion, actuary says
The Segal Group’s study calculates only the impact of the benefit enhancements for the $73 billion Illinois Teachers’ ...
Reeves to unlock £160bn from private sector pensions in push for growth
Rachel Reeves has announced plans to unlock billions of pounds from private sector pensions in her latest bid to boost ...
Yle1d
Main labour federations greenlight pension reform
The Orpo cabinet’s economic policy committee decided later in the week that the agreement met the requirements set by the ...
Illinois Policy11d
5 principles to guide Illinois’ public pension reform
With nearly $214 billion in state and local pension debt threatening both retirees and government finances, Illinois needs a ...
UK to release pension surpluses to fuel growth push, Sky News reports
British finance minister Rachel Reeves will later this week announce plans to allow corporate pension scheme surpluses worth ...