Pension scandals and clever ruses. Here is our weekly heads-up on the stories that may have caught your clients' attention over the weekend...
Pension scandal Insurers have been short-changing pensioners for decades because of errors in calculating their payments, a Telegraph investigation found. The paper found some savers lost thousands of pounds of retirement income because of the glitches, which were caused by computer malfunctions or human error when calculating the total amount customers had saved in their pensions before taking out an annuity. MORE...
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