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The Default Pension Trap: What to Consider BEFORE You Switch Pension

Many Happy Returns

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Understanding Pensions for Beginners

This chapter delves into the intricacies of pension understanding, particularly for those new to investing. The discussion highlights the significance of risk management in pensions, the implications of defined contribution schemes, and critiques conventional de-risking strategies as individuals near retirement. The speakers also emphasize the necessity for a more flexible pension system that adapts to modern employment landscapes.

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