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  • That's what a decent pension costs. A lot of the current pensioners, that aren't in poverty, have final salary pensions that don't exist today. There are going to be a lot more pensioners in the coming decades with tiny defined contribution pots that are going to have real difficulty making ends meet.

  • difficulty making ends meet

    Especially if they haven't bought a home. I know it's not all, but today a large number of pensioners own their home rather than paying eye-watering sums to rent.

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