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Simplify Your Pensions

The Meaningful Money Personal Finance Podcast

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Is Your Pension a Savings Account?

Most workplace pensions these days are generally defined contribution anyway. Auto Enrollment is now the law that you are automatically enrolled into a pension scheme at your workplace. You can opt out, but that's an actual choice you have to make. If this is a savings account, think of it as a box. What's inside that box is what will build your wealth. And with the advent of Auto Enrollment, some sort of mega accessible, really kind of low, I want to say a low rent, were released.

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