Labour to Discuss 'Big Bang' Reforms With UK Pension Chiefs.

The new Labour government in the UK is meeting with pensions industry leaders to discuss reforms aimed at boosting economic growth and improving returns on savings. The Chancellor of the Exchequer, Rachel Reeves, will be meeting with CEOs from companies such as Legal & General, Aviva, M&G, and Phoenix Group to discuss the future of the sector. The government has launched a review of the industry with the goal of driving investment into areas of the domestic economy that promote growth and increase the size of people's pensions. The review will consider consolidating UK pension funds and addressing underperformance. [Extracted from the article]