Rachel Reeves has launched a new threat to pensions – 'millions will be poorer'

Rachel Reeves has been warned her controversial pension reforms will mean “lower returns and lower pensions in future for millions of workers”, as Labour prepares for a fresh battle with the House of Lords. Peers are expected to reject plans to allow the Chancellor to order pension funds to invest in the British economy. It’s the latest round in an ongoing battle between the Commons and the Lords over the Government’s Pensions Schemes Bill.
The Lords has already removed elements of the legislation that will giv