Labour just voted themselves the right to reach into £2 TRILLION of private pension savings and direct where it goes – not you, not your fund manager, not your trustees.
They call it a “reserve power”, but once a power exists in statute, it exists for real – and it will always be used when a desperate Chancellor needs a quick hit of cash or a headline‑grabbing “investment revolution”.
This is not some minor technical tweak, it is the state inserting itself between you and your life savings, turning your pension into a political slush fund for risky vanity projects that no sane investor would touch voluntarily.
Hands. Off. Our. Pensions.