How the state pension system operates

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Reference no: EM133420367

Question: "Planning for retirement is much too dif?cult. I don't understand how the State Pension works."

Required:

a) Prepare brief notes to explain to a friend of yours how the State Pension system operates.

b) Discuss whether you agree with the sentiments expressed.

c) What are the potential risks for an individual in reliance on the state pension alone?

Reference no: EM133420367

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