Projections to plummet on pensions

Pow, Helen
September 2009
Money Marketing;9/3/2009, p14
The article reports that over a million people could suffer from huge decrease in their projected pensions due to imminent changes to annual pension statements in Great Britain. It mentions that the falls in pension benefits vary on the value of existing funds, the length of time to retirement and with the proportion of protected rights contributions compared with the individual contributions made by an individual. It affirms that people who do not have huge pension fund will suffer much losses.


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