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Andrew Overend: The difference between public sector DB and most private sector DC pensions is staggering and widely underappreciated.
Speculation about how Rachel Reeves might raise money is rife, and pensions figure prominently in the rumour mill. Andrew Overend provides a reality check on the potential impact of the autumn Budget on retirement savings in defined contribution (DC) arrangements.
To get some idea of how the autumn Budget might affect retirement savings, let's start by looking at the DC savings environment. To date, most retirees have been able to rely on at least some de...
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