Lessons from the crisis

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Helen Morrissey asks a panel of experts to consider the impact of the present economic turbulence on the plans of those who are just about to approach retirement

Helen Morrissey: How has the current economic crisis affected people's retirement plans and are we seeing any evidence that people are having to delay their retirement as a result of their pensions having lost money? Bob Perkins: The fact that markets have dipped has hit everyone. Those most affected are those closest to retirement as they have important decisions to make regarding their retirement income. For those with sizeable funds there's probably less reason to panic as they are more likely to have time on their side and they are likely to be able to take advantage of more flexible...

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