Reeves expected to review pension contribution rates in Mansion House shake-up

Chancellor Rachel Reeves is expected to kickstart her long-awaited pensions adequacy review, which could involve increasing workplace contribution rates above 8%

Chancellor of the Exchequer Rachel Reeves
(Image credit: Photo by Leon Neal/Getty Images)

Chancellor Rachel Reeves is expected to announce a pensions shake-up when she delivers her Mansion House speech on 15 July.

This could include reviewing how much companies and their staff contribute to their workplace pension, according to the Financial Times.

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Katie Williams
Staff Writer

Katie has a background in investment writing and is interested in everything to do with personal finance, politics, and investing. She enjoys translating complex topics into easy-to-understand stories to help people make the most of their money.

Katie believes investing shouldn’t be complicated, and that demystifying it can help normal people improve their lives.

Before joining the MoneyWeek team, Katie worked as an investment writer at Invesco, a global asset management firm. She joined the company as a graduate in 2019. While there, she wrote about the global economy, bond markets, alternative investments and UK equities.

Katie loves writing and studied English at the University of Cambridge. Outside of work, she enjoys going to the theatre, reading novels, travelling and trying new restaurants with friends.