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Over-50s slash retirement savings

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07-20-2010, 07:03 AM

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Over-50s slash retirement savings

Britain’s over-50s have reduced their retirement savings by nearly £18 billion over the last year, according to new research by LV=.The pensions, investments and insurance group found 21% of those approaching retirement have reduced their retirement savings by an average of more than £300 per month in the past 12 months.In the same period, just [...]

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