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Vince Smith-Hughes: "The reality of pension freedoms is hitting home as consumers begin to understand that they are responsible for ensuring they have enough money to last throughout their retirement."
Around one in ten (11%) of workers aged over 55 said pension freedoms had encouraged them to save more since the rules came into effect in April 2015, Prudential has found.
In the last three years, this group said they had started saving into a pension for the first time, encouraged their partner to save more, increased pension contributions or restarted pension saving since...
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