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Chancellor Rachel Reeves announced plans to consolidate the UK's 86 local government pension schemes into 'megafunds' during her first Mansion House speech. This reform aims to unlock £80 billion for investment in infrastructure and businesses, mirroring successful models in Australia and Canada.
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As mass protests loom against the government's inheritance tax changes, Prime Minister Sir Keir Starmer is set to defend his Budget in a speech in Wales. Farmers are preparing for a week-long strike, while Chancellor Rachel Reeves aims to reassure the business community with plans for financial reforms.
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Recent reviews highlight various auto and life insurance providers, including USAA, Clearcover, and the FCA's findings on life insurance claims. USAA offers competitive rates for military families, while Clearcover provides affordable digital-first policies. The FCA emphasizes the need for improved service in life insurance claims processing.