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A pensions Bill that does not do what it says on the tin

The new Pensions Bill, now going through its last stages in the Lords, promises a brave new world to future generations on retirement. More women are to gain a basic state pension in their own right. Fewer years contributions are needed to access this pension and numbers of elderly reliant on means-tested benefits are set to fall — or so they say.

Yet the ‘biggest renewal of our pension system since Beveridge’ has won little public acclaim. On closer inspection, we…

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