‘Beginning of new era’ for UK pensions with £25bn megafunds plan
Schemes will have until 2030 to make the necessary arrangements
defined contribution
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Chancellor to unveil plans to merge local government pensions into ‘mega funds’
Reforms will see the £360bn of assets in 86 local government pension schemes pooled into eight ‘mega funds’
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Aegon beefs-up pensions tool for advisers
Three new sections added