NewsBot
11-Jul-23, 07:40
The Caithness Business Index (http://www.caithness-business.co.uk) has posted the following article:
Chancellor's Mansion House Reforms To Boost Typical Pension By Over £1,000 A Year
The Chancellor will launch his 'Mansion House Reforms' this evening (Monday 10 July) which could increase pensions by over a £1,000 a year in retirement for an average earner who saves over the course of a career. Chancellor to outline reforms to boost pensions and increase investment in British businesses the ‘Mansion House Reforms' could unlock an additional £75 billion for high growth businesses, while reforms to defined contribution pension schemes will increase a typical earner’s pension pot by 12% over the course of a career comprehensive reforms will increase pension pots by as much as £16,000 The reforms will also unlock up to £75 billion of additional investment from defined contribution and local government pensions, supporting the Prime Minister’s priority of growing the economy, and delivering tangible benefits to pensions savers. [Read Full Article (https://caithness-business.co.uk/article/20737)]
Chancellor's Mansion House Reforms To Boost Typical Pension By Over £1,000 A Year
The Chancellor will launch his 'Mansion House Reforms' this evening (Monday 10 July) which could increase pensions by over a £1,000 a year in retirement for an average earner who saves over the course of a career. Chancellor to outline reforms to boost pensions and increase investment in British businesses the ‘Mansion House Reforms' could unlock an additional £75 billion for high growth businesses, while reforms to defined contribution pension schemes will increase a typical earner’s pension pot by 12% over the course of a career comprehensive reforms will increase pension pots by as much as £16,000 The reforms will also unlock up to £75 billion of additional investment from defined contribution and local government pensions, supporting the Prime Minister’s priority of growing the economy, and delivering tangible benefits to pensions savers. [Read Full Article (https://caithness-business.co.uk/article/20737)]