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              Public sector pensions

              • Sunday, 5 January, 2025
                Pensions industry
                Should the UK really look to Canada’s pension system as its model?

                Chancellor Rachel Reeves wants to learn lessons from the ‘Maple 8’ — but they have their own problems

                Commuters cross Bay Street in Toronto
              • Monday, 23 December, 2024
                News in-depth
                The simple secret behind the UK’s best performing council pension fund

                Banker driving Kensington and Chelsea’s stellar returns explains why he fears the chancellor’s ‘megafunds’

                Quentin Marshall
              • Monday, 18 November, 2024
                Pensions industry
                Government could force pension funds to invest more in UK assets

                Further measures may be taken if ‘megafund’ reforms fail to boost domestic investment, says pensions minister

                Emma Reynolds, UK pensions minister
              • Friday, 15 November, 2024
                LexPensions industry
                Reeves must go bigger and bolder on local pensions reform Premium content

                If the UK chancellor believes in the benefits of scale, it is not obvious why 8 is the magic number

                Rachel Reeves sits at a table during her Mansion House speech in London
              • Thursday, 14 November, 2024
                Toby Nangle
                Reeves seeks scale to solve UK pension investment problem

                Chancellor is trying to remove some of the inefficiencies from operating smaller local authority funds

                Pound coin and notes
              • Wednesday, 13 November, 2024
                Pensions industry
                Reeves to force council pensions to consolidate into 8 ‘megafunds’

                Chancellor to target minimum size for multiemployer defined contribution schemes of £25bn to £50bn

                Chancellor Rachel Reeves talks to the Financial Times at biotech firm Quell in White City in west London on November 13
              • Monday, 11 November, 2024
                The race to build a £354bn British pensions behemoth

                Reeves’ Mansion House speech will push for faster integration of council retirement schemes

                Manchester, Liverpool and Bradford town halls
              • Friday, 8 November, 2024
                UK economy
                Reeves plans to use £350bn council pension pot to boost UK economy

                Chancellor to set out reform to fragmented local authority funds in Mansion House speech

                Reeves, with Mansion House in background
              • Sunday, 11 August, 2024
                LexPensions industry
                Local pensions need a hard shove towards Canada’s model Premium content

                Bulking up should allow funds to invest in wider range of UK assets, but progress towards consolidation has been slow

                Chancellor Rachel Reeves
              • Thursday, 8 August, 2024
                Pensions industry
                Sorry, but it’s time to start caring about Local Government Pension Schemes

                And we have the charts to prove it

              • Wednesday, 24 July, 2024
                Jonathan Eley
                A new pensions experiment could shake up the public sector

                Market forces get a say in United Learning’s scheme but there could be unintended consequences

                Classroom Scene Showing Pupils And Teacher
              • Saturday, 20 July, 2024
                Pensions industry
                Reeves tells town halls to use their pension funds to fuel growth

                Treasury launches review of Britain’s pensions system with threat to force local governments to co-operate

              • Friday, 19 July, 2024
                Toby Nangle
                Change is under way at last in UK pensions

                New bill tackles some pressing issues but much more reform is needed

                A man places a coin in a white piggy bank in front of a Union Jack
              • Friday, 10 May, 2024
                ExxonMobil
                US pension giant weighs vote against Exxon CEO over climate lawsuit

                Calpers concerned oil supermajor is seeking to muzzle activist shareholders

                Darren Woods, chief executive and chair of ExxonMobil
              • Tuesday, 2 April, 2024
                Fund management
                The worst job in investing has finally been filled (for now)

                Happy Gilmore

              • Friday, 15 March, 2024
                Pensions industry
                Infrastructure chief hits out at push for UK pension funds to invest more in Britain

                John Armitt says pension schemes need to ‘find the best possible opportunity’

                A Docklands Light Railway DLR train
              • Friday, 23 February, 2024
                Markets InsightToby Nangle
                Public service pensions are the elephant in the room

                Asset-backing these promises could lift investment and growth

              • Wednesday, 22 November, 2023
                Autumn Statement
                Town hall pension schemes to be asked to double riskier asset allocations

                Proposal is one of several measures aimed at unlocking billions of pounds to stimulate UK economic growth

                Commuters walking on London Bridge
              • Tuesday, 7 November, 2023
                Personal pensions
                Pension experts quiz absence of bill on chancellor’s investment reforms

                King’s Speech on Tuesday did not include legislation to push Jeremy Hunt’s plan to boost pension investment

                Jeremy Hunt
              • Friday, 8 September, 2023
                Best of FT Money 2023
                Best of FT Money 2023: How to solve your million pound pension problem

                What’s the outlook for financing your retirement? FT readers and our expert panel debate the most pressing issues

                The FT Weekend Festival’s pension session. Claer Barrett with David Goodfellow, Nimesh Shah and Steve Webb
              • Tuesday, 5 September, 2023
                Ontario Teachers' Pension Plan
                Ontario Teachers’ fund acquires UK wealth manager 7IM

                Canadian pension fund agrees to buy holding from Caledonia Investments in roughly £450mn deal

                A view of Canary Wharf in the City of London
              • Wednesday, 12 July, 2023
                UK politics
                Funding public sector pay rises means trade-offs Tories cannot stomach

                British politics is stuck as long as spending cuts and further government borrowing are off the table

                Striking junior doctors, civil servants and teachers attend a rally at Trafalgar Square in London, UK, on March 15, 2023
              • Tuesday, 30 May, 2023
                Netherlands
                Dutch senators approve pensions overhaul

                Vote paves way for Netherlands to move to a ‘defined contribution’ model by 2028

                A protester holds a placard that reads ‘Don’t do it’ in front of the senate, where the new pension law is being debated in The Hague
              • Thursday, 25 May, 2023
                Kensington & Chelsea pension fund bets big on property

                Scheme increases allocation to commercial real estate despite investor worries over sector

              • Friday, 12 May, 2023
                Pensions industry
                Levelling up push may hit investment returns, warns UK pension chief

                Local authority fund CIO says government ambitions may conflict with duty to scheme members

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