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Aegon UK pension…

Aegon UK pension guru Stewart Ritchie is returning to Beijing for the third time this year to advise the Chinese government about how the UK pension system works.

Pensions development director Ritchie is visiting one of the last remaining bastions of Communism this week to attend a pension symposium as the nation melts its cold stance towards Western business.

Aegon is not the first UK player to break into the Chinese market. Fund manager Schroder is to lead the symposium, which will also look at how Hong Kong has established a social security system.

China is expected to join the World Trade Organisation by early next year, which should see its trade barriers come tumbling down. It is also set to pass legislation opening up its investment funds industry to outside companies.

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