Government White Paper welcomed

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UK - "The proposed National Pension Savings Scheme (NPSS) is the best model for creating a simple pensions scheme for those who are currently not saving," according to the Investment Management Association (IMA) in its response to the government White Paper, "Security in retirement: towards a new pensions system".

In its praise for the NPSS, the IMA said the challenge the government would face was to make sure it kept its focus on those who did not have their own pension savings. Richard Saunders, chief e...

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