Buzz: Pensions industry endorses Budget

clock • 1 min read

The industry has given a cautious thumbs up to the sweeping changes to the pension system introduced in last month's Budget. Four out of ten Buzz respondents said retirees were likely to benefit from the changes while just under a quarter said savers would probably end up worth off. A further quarter thought the impact would be neutral.

"A lot of the old objections to pension saving have been removed," said one supporter. "However consumers will need to behave responsibly and we in the industry need to the give them the informatio...

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