'Bet on equities' has left retirement savers disillusioned

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The credit crisis has "hugely damaged" the UK's pensions system leaving retirement savers disillusioned and destroying the idea stock market investment will always deliver generous pensions, Ros Altmann warns.

The independent pensions expert said in a report - Planning for Retirement: You're On Your Own, sponsored by MetLife Europe - said policymakers never seriously entertained the idea stock markets mi...

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