Reeves said these reforms are designed to create fairer opportunities for young people, safeguard pensioners’ incomes, and ensure businesses operate on a level playing field.
She told MPs: “I will transfer the Investment Reserve Fund of the British Coal Staff Superannuation Scheme to its members.”
The Growth Guarantee Scheme has reached £2.5bn in lending, with nearly 70% of funding delivered outside London and the South East.
The funding aims to address skills gaps and provide opportunities for young people who have previously been turned away from oversubscribed courses.
Unite warned that a lack a coherent industrial strategy jeopardises the government’s plans and risks alienating workers.
Chancellor Rachel Reeves is set to meet with regulators this week to step up pressure on Britain’s watchdogs to scrap 'anti-growth' rules.
Employees across the UK are set to benefit from a significant overhaul of workplace pensions.
Pension withdrawal requests more than doubled in October compared to the previous year.
AJ Bell found that almost all advisers reported clients approaching them with questions about potential changes.
Michael Summersgill urged the Chancellor to use her first Budget to commit to long-term stability in the pension tax system.
Under the plans unveiled by the Chancellor, billions of pounds of investment could be unlocked in the UK economy from defined contribution (DC) schemes alone.