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Loot Boxes, Pension Compensation and Bank Closures

Money Box

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Steelworkers - What's Your Advice to Parents and Grandparents?

More than a thousand steelworkers were wrongly advised to cash in their pensions. The new redress scheme has been set up by the Financial Conduct Authority. It says it's intended to give these steelworkers what it calls the retirement they worked for. They could receive an average £45,000 each in compensation.

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