Labour plans pensions review if party takes power

Part of party’s plans to ‘reinvigorate’ UK’s capital markets

Martin Richmond
clock • 3 min read

The Labour Party has announced its intention to carry out an “in-government pensions and retirement savings review” if it wins the next general election.

In its paper Financing Growth - published yesterday (31 January) - Labour confirmed it would conduct the review of the pensions framework to "evaluate" whether it provides savers with sustainable incomes in retirement. As part of the review, the opposition party said it would work with industry and consumer groups to provide savers with the "best possible" returns and would also identify the barriers to increased investment by pension schemes into UK productive assets. Labour said its review would look at the entire pensions ecosystem across defined benefit (DB), defined contribution ...

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