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Pensions simplification will go ahead says Standard Life

Chancellor Gordon Brown is expected to proceed with pensions simplification after the National Audit Office has not fundamentally disagreed with the Government&#39s proposals, says Standard Life.

It believes that given the NAO failed to significantly challenge the Inland Revenue&#39s numbers, the Chancellor will push ahead with the full package of reforms.

Standard senior technical manager John Lawson says: “It would be very strange for the Chancellor not to ahead based on the conclusions in the NAO report. What this says is the new regime should go ahead and we expect it to do so.”

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