TUC calls for default retirement option to prevent rip offs

Michael Klimes
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Savers are in danger of being ripped off when they access their pension after April because of a lack of safeguards, warns the Trades Unions Congress (TUC).

The warning comes in a briefing note sent to members of the Bill committee for the Taxation of Pensions Bill committee, seen by Professional Pensions. The TUC says that the suddenness of Chancel...

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