Webb says pension incomes in 40 years will be as good as they are today

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The pensions minister has revealed that the Department for Work and Pensions (DWP) predicts people's pension incomes will in the future be consistent with present earnings.

Explaining an unpublished graph from DWP, Steve Webb told an audience at the Institute of Fiscal Studies: "The bottom-line is: per week earnings stay pretty flat over the next 40 years." In his ...

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