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The Great Savings and Pensions Scam. An A-Z Guide. Today W-X

W – With profits. We have about £400 billion in various so-called ‘with-profits’ financial products, mostly pensions. The name ‘with profits’ sounds great for savers. After all, everyone hopes their savings will make lots of profits. But too often these have been extremely profitable for the companies but not for savers. The theory behind ‘with […]