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Friday, 22 August 2014 12:54

Move to boost savers pension funds 'could cost industry £1bn'

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Steve Webb, Pensions Minister - his figures are an underestimate, say Royal London Steve Webb, Pensions Minister - his figures are an underestimate, say Royal London

A move by the Government designed to boost savers' pension funds by cutting down on 'excessive' charges may hit companies' incomes by £1bn – five times more than previously suggested.

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