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Idle savers missing pension pot returns

People who stay in default pension funds are losing 4.75 per cent in returns every year, according to research from Hargreaves Lansdown. Data from a survey of 58,000 workplace pension members show 47 per cent  of people with a pension above £25,000 choose their investments. Comparatively, just 5 per cent of people with a pension pot […]

Govt names new guidance body chief

The chair of Thurrock University Hospitals NHS Foundation Trust, John Govett, has been appointed as the first chief executive of the government’s Single Financial Guidance Body. The Department for Work and Pensions says Govett will assume the post in October for a term of four and a half years. The new guidance body brings together […]

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