Labour Pension Plan Sparks Fury After MPs Back Power to Direct Retirement Savings

Labour Pension Plan Sparks Fury After MPs Back Power to Direct Retirement Savings

Critics warn the move could undermine trust in pensions, as debate grows over who should control billions in retirement fundsLabour’s attempt to gain control over billions of retirement savings has sparked fierce debate and widespread opposition, highlighting deep concerns over the future of pension investments in Britain.Members of Parliament have approved a rule that allows ministers to tell pension schemes where…

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