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A matter of trust

Lorna Bourke now seems to understand that contributions to a pension scheme, be they occupational, personal or stakeholder, could be a total waste of money (Money Marketing, September 12).

If the emerging benefits are below the future equivalent of the minimum income guarantee, then no added value to the pensioner will be present despite his or her contributions.

The choice that all clients, advisers and journalists have is what do we distrust more – the fortunes of the market or the promises of politicians?

Alex Postan

Partner,

Kellands,

Cirencester, Glouc

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