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Two major pension mistakes that could cost you thousands - what to do if you're affected
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manchestereveningnews.co.ukFollowing the release of Rachel Reeves' Budget, concerns have grown regarding the security of pensions, prompting responses from financial experts.
One financial service has pointed out two key errors pre-Budget savers may have made, potentially costing them dearly in their retirement years.
Ms Reeves is advocating for a Canadian-style pension reform to kickstart the slumping UK economy, proposing "megafunds" for pensions as a solution to unleash billions into businesses and infrastructure investment.
She aims to merge defined contribution (DC) schemes and amalgamate assets from 86 local government pension scheme authorities into a single entity.
Read more on manchestereveningnews.co.uk
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