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FINAL GPSJ Summer edition 2024 ONLINE VERSION.2pdf

November 2024
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Pension changes leave public sector workers trapped

Jamie Smith-Thompson – managing director of Portal Financial

In a Ministerial Statement issued today the Government announced that it will prevent public sector workers from transferring their unfunded final salary pension to a private pension, in order to protect the Exchequer and taxpayers, leaving millions of people trapped in a scheme that may

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