People who change jobs regularly will no longer have to cash in or move their workplace pension, under new government proposals.
More than 9 out of 10 employers who have not yet started automatically enrolling employees into a workplace pension would like to delay until the government has confirmed final details of the upcoming pension reforms.
Pension charges will be capped at 0.75% a year from April 2015, the Department for Work and Pensions has confirmed.
The amount people saved each month fell between spring and summer 2014, both as a percentage of monthly income and in terms of value, according to National Savings and Investments.
There has been a 22% increase on the number of bank account switches since the Current Account Switch Service was introduced in September 2013, according to figures from the Payments Council.
"Jonathan has been providing financial statement preparation for a UK-based subsidiary of Georgetown University since 2009."
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