After a lifetime of work, many people have several different types of pensions by the time they are closing in on retirement age. They may have a defined-benefit (DB) plan, guaranteeing a certain amount of income in retirement, related to their salary when in work. They may have a defined-contribution (DC) pension, paying an income dependent on investment returns. And they
Line up your piggy banks
Nov 24, 2023
2 minutes
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