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A nation with its head in the sand

3/10/2013

 
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Three in four of those approaching retirement have no idea how their pension pot is performing.
  • One in five pensioners are caught out by lower than expected annuity rates.
  • Number of people saving into occupational pension schemes drops again in 2012.
  • Millions of pre-retirees could face a 'nasty shock' at retirement, warns AXA Life.
Denial: Millions of workers do not know how much they will have to retire on!

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