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Evening Standard
Evening Standard
Business
Christopher McKeon and Sami Quadri

Chancellor promises ‘big bang’ for pensions in bid to boost growth

The Chancellor hopes to boost pension pots by £11,000 and unlock billions more in investment with a review of retirement savings.

With pension schemes expected to manage about £800 billion by 2030, the review will look at how they can be encouraged to invest in productive assets such as infrastructure.

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