Chancellor to announce plans to create ‘Canadian-style’ pension model

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Meanwhile, the chancellor revealed that her set piece City of London speech at Mansion House in the autumn will focus on the partnership she wants to see between government, industry and regulators to deliver growth.

Reeves will also meet Mark Carney, former Bank of England governor, in Toronto to discuss how best to deploy investment in Britain’s clean technology sector.

An ally of the chancellor said a new pensions schemes bill would create a “value for money framework” to promote better outcomes for savers.

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Article Details

Author / Journalist: Josephine Cumbo

Category: MarketsFinanceInvesting

Markets: United StatesCanadaSingapore

Topics: Infrastructure Pension Funds Schemes Investment Model Reeves Assets Invest Chancellor Retirement

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-08-06 @ 23:01:07 (13 hours ago)

News Timezone: GMT -5:00

News Source URL: ft.com

Language: English

Article Length: 721 words

Reading Time: 5 minutes read

Sentences: 27 lines

Sentence Length: 27 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Financial Times

News ID: 21962854

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Official Website: ft.com

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