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Final Pensions Commission report – Makes four key recommendations it says enjoy a ‘high degree of consensus’ 

i/ State pension reform to deliver a simpler and more generous basic pension;

ii/ Introduction of AE to ‘strongly encourage’ individuals to save into a pension scheme;

iii/ A modest minimum level of matched employer contributions in AE schemes;

iv/ The state to play a role in setting up a National Pensions Savings Scheme, which can be used by smaller employers, and to deliver more cost effective solution. This eventually becomes Nest.

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