UK Pension Market To Grow 40% In Next Four Years, Says Datamonitor

Britain's pension market will grow 40 percent to nearly Euros 115 billion (75 billions) in the next four years, as people move to supplement their state pensions and tax advantages increase. Britain accounts for 30 percent of the total market

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Britain’s pension market will grow 40 percent to nearly Euros 115 billion (75 billions) in the next four years, as people move to supplement their state pensions and tax advantages increase. Britain accounts for 30 percent of the total market in the 13 largest European countries, but the challenge of aging populations and related pensions crises is causing governments across the region to encourage the take-up of private pensions, information firm Datamonitor said in a survey of the sector.

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