Lower your expectations for pension and Isa growth

Moira O'Neill

Lower your expectations for pension and Isa growth

The industry will no longer be able to give false impressions of what pension and stocks and shares individual savings account (Isa) investors might receive at retirement, following reductions to the pension projection rates. The Financial Services Authority has given companies until 6 April 2014 to implement lower projection rates in their illustrations to pension and Isa customers.

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