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The Independent UK
The Independent UK
Andy Gregory

HISTORICAL FACTS: Warning issued over unsettling pension trend which could wipe out savings during retirement - Caught on Camera

Experts have warned of an “unsettling trend” among pensioners which could see them exhaust their pension in retirement.

Analysis of Financial Conduct Authority data found a nearly 30 per cent rise in the number of pensioners withdrawing more than 6 per cent of their pension’s total value in the most recent financial year.

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