Labour plans for company share redistribution could 'cost pension funds £25bn'

clock • 2 min read

The Labour party's proposed inclusive ownership proposals could cost UK workplace pension funds £25bn, according to an analysis by international law firm Clifford Chance.

If elected to government, the party has said it will mandate that 10% of the shares in all UK companies with more than 250 employees should be owned by inclusive ownership funds (IOFs). The dividen...

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