UK's pensions megafund plan 'could hurt savers'; renters face 'chasm' as demand outstrips supply - business live

By The Guardian | Nov 14, 2024 at 02:28 AM EST

$UK's pensions megafund plan 'could hurt savers'; renters face 'chasm' as demand outstrips supply - business live$

Chancellor Rachel Reeves plans to merge UK pension funds into "mega funds" for infrastructure investments. However, concerns arise that this move may jeopardize savers' retirement funds. Critics fear the plan may prioritize economic growth over individuals' financial security.

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