Beyond pensions’ policy: The Government’s approach to lifetime savings

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Beyond pensions’ policy: The Government’s approach to lifetime savings

The Government’s approach for encouraging the accumulation of lifetime savings follows a life cycle model.  It concentrates on three key stages: early life, early career and the long-term.  For each of these phases, the Government has developed tax-advantaged savings products and other schemes that are intended to promote the growth of financial and property assets. 

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