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12.2m UK adults at risk of pension poverty in later life, report estimates

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A Department for Work and Pensions (DWP) spokesperson said: “The Pensions Commission is examining how we can ensure secure retirements for tomorrow’s pensioners, while our newly passed Pension Schemes Act will bring about major reform to the UK pensions system, benefitting millions of workers to the tune of up to £29,000 by the time they retire.

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