Industrial Society: UK pension system wasteful and expensive

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UK - The UK pension system does not live up to what should be expected of such a system in a wealthy democracy, according to left-wing think tank The Industrial Society in its response to the Private Pensions Simplification Review.

Yvonne Bennion, policy specialist, said: “It is important to maximise the proportion of every pension contribution to finance any final benefit. Working through a partnership to standardise benefit...

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