13 Hrs
Source:
The Guardian
Source: The Guardian
13 HrsThe Guardian
Source: The Guardian
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The UK government has proposed a guided retirement scheme offering 17 million private-sector pension savers a default option for income guaranteed for life, often linked to inflation. Retirees would remain free to withdraw their savings or invest them elsewhere. The proposals aim to address concerns that savers are unsure how to manage their pension pots, with nearly half of pots first accessed in 2025-26 emptied.
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