Big news! A company called Brookfield is entering the UK to help with pensions. Pensions are like savings plans for when people retire. This is a big deal because many companies want to get rid of their pension responsibilities.
- Brookfield will help UK companies manage their pension payments.
- They will take over the responsibility of paying retired workers.
- There's a huge need for this service, with over $630 billion in demand!
Fact | Number |
---|---|
Total demand for pension buyouts (next 10 years) | $630 billion |
Expected start of operations | Q1 2025 |
This could create lots of jobs and bring investment to the UK.