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Labour should reverse the pension freedoms announced in the Budget 2014 if it wins the general election in May, a leftist think-tank has said. The government should pay for the guidance guarantee's first year of operation instead of charging the industry through a levy, according to MGM Advantage. Wake-up packs for people approaching retirement should be scrapped in favour of a simple pensions passport to help make it easier to shop around, Hargreaves Lansdown has said. Pensions campaigner Ros Altmann is leading calls for a ban on automatic annuity purchases. The Budget pension ...