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Warning over 'burden' of reformed pensions

The Treasury has dismissed warnings that pensioners could be left at greater risk from 'poor decisions' following the major reforms to retirement savings announced in yesterday's Budget.

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Pensions providers see shares hit after Budget

Pension providers have seen their share price fall in the wake of a series of announcements from the Chancellor affecting the industry.

George Osborne with his Treasury team ahead of the Budget.

The latest figures from the London Stock Exchange show drops in share prices across major providers.

Legal & General -10.7%

Aviva -7.66%

Standard Life - 3.28%

Prudential -2.67%

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