Who stole the Apocalypse? World refuses to end despite pension freedoms

World refuses to end: Two months in and no Apocalypse in sight

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Two months into pension freedoms and despite some serious fears it might, the world hasn't ended. But the Pensions Revolution isn't for turning, writes John Fox...

This year the frantic burst of ISA-investing that traditionally marks the start of April was eclipsed by a prolonged bout of doom-mongering from parts of the pensions industry. Faced with the arrival of the pension freedoms they had fought so hard to block, some of the pension world's big beasts predicted the imminent clattering of hooves from the Four Horsemen of the Apocalypse. Two months on, there has been barely a whinny. Despite Steve Webb's quip, Lamborghini hasn't been swamped with grey-haired buyers. In fact their sales have been so modest they've had to launch an SUV. I...

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