Pension benefits reduced by lack of info - DWP research

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Many pensioners were given little information about the condition of their private and State retirement benefits prior to their eventual retirement date but would have taken remedial action if known, suggests research published by the DWP.

A qualitative study of financial planning and incomes at retirement, as part of the Department for Work and Pensions’ Working After State Pensions Age report, reveals many pensioners have not retired with...

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