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DIY investor: A creeping financial paralysis

By Andy Davis   September 2016

©Pavel Ignatov/Rex/Shutterstock

We are only a few weeks into Britain’s long goodbye to the European Union and 99 per cent of the story is yet to unfold. One or two things, however, are certain. The first increase in interest rates has slipped even further beyond the horizon in order to cushion us from the economic shocks of the impending divorce. And the gulf between the amount that private-sector “final salary” pension schemes will be able to pay out and the sums they will actually owe has become…

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