THE AMOUNT of money invested in personal pension plans rose by 6% to £804m in the last quarter of 2005 compared with the same period last year, says the Guardian .
The figures published by the Association of British Insurers (ABI) showed that overall sales of life insurance products and pensions rose 12% to £2.8bn over the same period,reports the paper. Most of the rise in pensions spending represented new saving, the ABI said yesterday. Chris Kenny, director of pensions at the ABI, said: "Automatic enrolment into workplace and stakeholder pensions ...
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