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Smith calls for part-time flexibility

New Secretary of State for Work and Pensions Andrew Smith is calling for more flexibility in pensions rules to allow people to work part-time in to retirement.

Speaking at the TUC conference last week in his first public speech since taking over from Alistair Darling, Smith said many people face a &#39sheer cliff edge between work and retirement&#39 where they are shuffled in to retirement immediately after finishing work.

He wants to give people incentives to stay in work for longer.

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