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Future of State Pension for High Earners in Doubt | Markets & Money News
Concerns about the future of the state pension for higher earners are discussed, with insights from former pensions minister Steve Webb. He addresses ongoing discussions about means-testing, citing historical context and recent limitations on benefits for high-income retirees. Webb suggests that while changes may be considered, completely abolishing the state pension for this group is unlikely due to the political risks involved and the sense of entitlement among pensioners. He encourages
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