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Plans for Simple Annual Pension Statements

The Pensions Minister has announced that there are plans for the creation of 'simple, annual pension statements'.

Presenting individuals with information about their pension, or pensions, in a clear and straightforward way can only aid in the better understanding of what pension is held in what pot and at what value.

Helping individuals make more informed decisions about their pensions and retirement plans is a step in the right direction.

To read the statement on the government website, please use this link:
Simple statements boost for pension planning