article_snippet.sent: It comes just days before retirees in Britain are given the power to decide how to spend retirees in Britain life savings for the first time ever in the biggest shake-up of pensions for almost a century.
article_snippet.sent: Consumers are increasingly responsible for managing Consumers retirement savings...
article_snippet.sent: Anyone in Britain turning 55 who isn’t in a final salary scheme will soon be allowed to dip in to Anyone in Britain pension and take the income their pension need, under reforms announced by George Osborne (pictured) 'Greater sensitivity to loss may increase preferences for safety following a market decline, resulting in allocations away from stocks that are associated with long-term underperformance.'
article_snippet.sent: Under reforms announced by Chancellor George Osborne, anyone in Britain turning 55 who isn’t in a final salary scheme will simply be allowed to dip in to anyone in Britain and take the income their pension need from April 5.
article_snippet.sent: their pension could keep the money invested in the stock market to boost their pension profits.
article_snippet.sent: And if their pension die their pension spouse or loved ones will be able to inherit whatever is left over.
highlights_snippet.sent: Findings come days before UK retirees are given power to decide how to spend life savings .