So, Should You Take Your Pension Money Now?

Daily MailOctober 28, 2009

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Summary


SAVERS approaching retirement are being urged to draw their pension now and bank the recent gains in the stock market.

Those who saw their pensions slump in the downturn are now enjoying a dramatic turnaround in fortunes. The market has bounced back 50 pc since March. The giant 'balanced managed' funds and UK share funds run by pension firms have rebounded on average by 34 pc and 49 pc respectively.

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Extract


So, Should You Take Your Pension Money Now?

Although most savers won't have recovered all their losses, experts argue those close to retirement should capitalise on the re...

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