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P119 CEEFAX 119 Fri 3 Dec 16:22/30   1/2     HOME  WATCHDOG INQUIRY INTO PENSION CASES An inquiry has been launched into half a million cases where people may have been wrongly advised to take out a personal pension. Watchdogs fear the people affected, who were persuaded to leave their employer's pension scheme, may now be worse off when they retire. A full report is expected from the Securities and Investments Board in the next few weeks. The firms and advisers who provided and sold the pensions could have to pay compensation to those affected.  Next News World Flash Weather
P119 CEEFAX 119 Fri 3 Dec 16:22/13   2/2     HOME  REDUNDANT MINERS IN PENSIONS FEARS Thousands of redundant miners are among some 500,000 people who may have been wrongly advised to take out a personal pension. Some 45,000 are estimated to have switched from an employer's pension to a personal pension since 1988. Watchdogs, who are carrying out an investigation, fear many may now be worse off when they retire. The Association of British Insurers said if personal pensions had been mis-sold it would support steps to compensate people who had lost.  Next News World Flash Weather