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Page last updated at 09:03 GMT, Thursday, 10 March 2011

Hutton: Pensions 'are heading for the rocks'

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An independent review of public sector pensions has called for a rise in retirement age and for final salary pensions to be ended.

Lord Hutton, who led the review, told Today presenter John Humphrys what had to be done to reform pensions to respond to rising longevity.


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