Labour’s Rachel Reeves has been urged to use her new role to encourage better pension investments that could boost pension pots by £16,000 or much more.

Chris Ball, managing partner at Hoxton Capital Management, said Labour’s plans to increase pension investments could deliver impressive returns.

He told Express.co.uk: “It sounds very much like there will be significant pension changes to accelerate investment in all things property and homegrown British business.

“Combining reduced business…