logo
welcome
Sky News

Sky News

Rachel Reeves to create pension 'mega funds' to invest in infrastructure

Sky News
Summary
Nutrition label

84% Informative

Almost 90 local government pension pots will be grouped together, with defined contribution schemes merged and assets pooled together.

Reforms could "unlock 80bn" of investment, according to Treasury plans, which say bigger funds can get greater returns.

Chancellor Rachel Reeves wants to imitate the way large Canadian and Australian pension schemes work.

VR Score

87

Informative language

87

Neutral language

76

Article tone

formal

Language

English

Language complexity

59

Offensive language

not offensive

Hate speech

not hateful

Attention-grabbing headline

not detected

Known propaganda techniques

not detected

Time-value

short-lived

Source diversity

2

Affiliate links

no affiliate links