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Pensions, savings and investments

Pension funds deeper in deficit

The financial shortfall for pension funds worsened in June, according to official figures.

Review could signal end of compulsory retirement age

The government’s announcement that it is to bring forward a planned review of the default retirement age could mean that employers may lose the right to force staff to retire at 65.

Pension contribution tax relief plans to be amended

A measure limiting how much tax relief people can claim on their pension contributions has been changed by the government.

Savers begin to reap rewards of higher rates

After months of low returns on their money, savers are starting to see an upturn in their fortunes.

Scrap right to enforce retirement at 65, says Committee

Employers should lose the entitlement to force employees to retire at 65, the House of Commons Work and Pensions Select Committee has argued.

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