Will megafunds really put an extra £6,000 in the average pension?

Some experts are sceptical about the touted benefits to workers from the government’s proposed shake-upAmid all the jargon of the government’s latest announcement on pensions on Thursday, one number will have leapt out: the claim that the average worker will gain £6,000 in their retirement fund as a result.The proposed shake-up relates to defined contribution pensions, the funds that invest workers’ regular payments in stocks, shares and other assets to grow the money. On retirement, workers get an income based on the value of their stake; the size of this income will depend on how much they have paid in and how well the investments have performed. Continue reading...

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OAN's Pentagon reporter learns the limits of expressing her own opinion

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OAN's Pentagon reporter learns the limits of expressing her own opinion

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