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Dispelling myths

Julian Stevens, WDS IFAs, Bristol Sir, 'Dispelling some of the most commonly held myths about pension saving should encourage better pension take up', Legal & General believes. (Investment Week, 3 Nov). But the article says nothing about what L&G believe those myths might be. Could one of them be the annuity trap? Or the lack of inheritability of accumulated funds not received by the pensioner as income? Or the damage done by Government interference in product design? It would be interesting to know just what myths L&G is talking about. The reality of pensions is that they require...