Government plans to simplify pension system

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Government plans to simplify pension system

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10-25-2010, 06:24 PM

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Government plans to simplify pension system

Business Secretary Vince Cable has today unveiled a proposed reform of Britain’s state pension system, with the introduction of one universal payment. This would replace the current system of earnings-related “top-up” payments, plus additional means-tested benefits. Costs relating to the proposed reform were not divulged but it is intended to reduce inequalities between men and [...]

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