Who is taking a 25% slice of your pension?

Updated
mature male
mature male

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You may well be wondering exactly who is benefiting from your pension savings. After years of carefully putting money aside for your future you could easily find that recent stock market jitters and annuity woes mean you are getting a small fraction of the payout you were expecting.

But it gets worse, because a report has revealed another bunch of people are taking up to a quarter of your money.

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