Spotlight on the move to Megafunds in the UK and lessons from Australia

The UK government is proposing to consolidate the size and operations of defined contribution and local authority pension funds to create larger pension schemes ("megafunds") in England and Wales. Our new insight summarises the reforms, the comparative approach internationally, with a spotlight on Australia, the detail of the proposed changes and their rationale. In addition, we discuss the next steps and further legislation being proposed.

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