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Public confidence in pensions has fallen to an all-time low just months before the Government starts automatically putting every worker into one, according to the National Association of Pension Funds (NAPF). A survey for the NAPF found 54% of all employees are not confident in pensions compared to other ways of saving. 37% said they are confident, resulting in a Confidence Index of minus 17%. This marks a record low since the Index was first run in 2007. It is also a sharp fall from minus 6% in September 2011, and from plus 5% in autumn 2010. The NAPF is… continue reading