If you’re in your 20s, pensions might not be on your radar just yet. In your 30s and 40s, you might glance at the odd update from your provider. But if you’re 50 or older, what Rachel Reeves is planning could hit close to home—and it’s something you’ll definitely want to keep an eye on.
The Chancellor has struck a deal with 17 of the biggest workplace pension providers—known as the Mansion House Accord—encouraging them to invest around 5% of their funds into UK-based infrastructure projects, with hopes of boosting the economy by a hefty £50 billion. Think green energy, roads, and tech developments, reported GB News.
