'It will unlock billions!' Pensions Minister unveils new megafunds plan

Gabrielle Wilde

By Gabrielle Wilde


Published: 14/11/2024

- 21:50

The move follows successful models established in Australia and Canada

The UK Government plans to create pension megafunds that could unlock billions of pounds for infrastructure investment, Pensions Minister Emma Reynolds has told GB News.

The initiative aims to consolidate existing pension schemes into larger funds capable of making substantial investments in major projects across Britain.

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