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Business & Economics

Budget pension shake-up to leave richest retirees £3,600-a-month better off

Telegraph
Summary
Nutrition label

74% Informative

Jeremy Hunt is planning to announce an increase to the lifetime pensions savings cap.

He is also expected to increase the annual 40,000 savings cap and tweak rules to encourage for over-50s to return to the workforce.

A pensioner buying an annuity would be able to secure a monthly income of 7,974 using savings up to a 1.5m cap.

VR Score

83

Informative language

86

Neutral language

65

Article tone

informal

Language

English

Language complexity

41

Offensive language

not offensive

Hate speech

not hateful

Attention-grabbing headline

not detected

Known propaganda techniques

not detected

Time-value

short-lived

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no external sources

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