Over the last 40 years, Berkshire Hathaway and Scottish Mortgage have generated returns approximately double that of a global world tracker fund.

The capital gains tax (CGT) allowance in the United Kingdom has been reduced to £3,000.

Over the last 40 years, a global world tracker fund has generated an annual return of more than 9%.

Due to the consolidation into master trusts, over half of the UK's defined contribution (DC) pension assets are overseen by approximately 50 trustees.

The increasing size and consolidation of pension master trusts in the UK reduces accountability to both employers and employees.

Rachel Reeves has communicated to the Financial Conduct Authority (FCA) a desire for the regulator to have more focus on economic growth.