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Jonathan Cribb, Senior Research Economist, Institute for Fiscal Studies

Why saving for a pension has become more risky

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How much money are you going to have to live on in retirement? Perhaps, just like one in five Britons, you do not know.

This is not a surprise since there are so many shifting factors, or risks, to consider when thinking about retirement finances. You need to think about how much you’ll earn during your life, to what your employer will decide to contribute towards your a pension, and how much tax you will have to pay.

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