Chancellor Jeremy Hunt and Department for Work and Pensions (DWP) work and pensions secretary Mel Stride have outlined the government’s approach to pensions reform following today’s (22 November) Autumn Statement in letters to The Pensions Regulator (TPR) and Financial Conduct Authority (FCA).
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The British Business Bank will set up a new fund for pension schemes and asset
managers to invest in growth companies, part of wider reforms to
unlock savers cash to boost the economy, the UK.