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[quote][i]Originally posted by James[/i] But the problem isn't with pensions, it's with the funds the money is invested in. A pension is just a tax free wrapper for assets. You'd be stupid not to use one. Most private pensions that you would get through an employer are just invested in funds, that's where they start to lose money. The first part of this article explains it pretty well: http://blog.moneysavingexpert.com/2006/05/08/the-one-word-that-caused-the-pension-crisis/ [/quote]
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