Top ten startling pension facts

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Just when you thought the UK pension landscape couldn't get any more disconcerting, IFAonline has pulled together some breathtaking statistics...

1) The biggest UK pension pot of 2010 is worth £21m, paying out £1.3m annually. 2) The average pension of a director within one of the UK's top 100 companies is 26 times the average occupational pension. 3) Seven in ten Brits think it will not be feasible for people to leave work and live on a pension for 30 years. 4) Meanwhile, four in ten employers are likely to reduce pension benefits in order to meet the cost of auto-enrolment. 5) FTSE 250 companies are cutting contributions to defined benefit schemes on average by 10%. 6) Pension liabilities for UK private sector final s...

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