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Pensions are essentially simple products. People pay money into a pension plan; they receive tax relief on their contributions; hopefully their employers pay something as well; the money is invested in different sorts of funds linked to the stock market. When the person gets to retirement they take the money out and that's when it becomes complicated. It appears the pensions industry is becoming increasingly concerned about how people take their retirement income, and is beginning to review if there is some way this can be improved. The FSA is reviewing providers' literature to make sure ...