Government proposals to encourage people to save more for their retirement need "careful consideration", according to the pensions industry.
In a report published today, the Government claims auto-enrolment will be of benefit to 95% of workers, adding those saving for retirement will get back more than twice the amount they saved. But the Pensions Policy Institute (PPI) argues the report makes a lot of assumptions about how the public will react to pension reform. "The Government's conclusion that most people can expect to be better off in retirement by saving needs careful interpretation," PPI director Niki Cleal says. "This finding is based on a specific set of assumptions which may, or may not, transpire in the real wor...
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