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10 May 2024
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Tapering is the rate at which pensions reduce as other sources of income increase. A change is unlikely to make it onto Joe Hockey's list of pensions amendments in the upcoming budget.
With the 'tapering' finally announced last night, it's as important as ever to understand what's happening. So when Rick Cosier asked some of the questions many would like answered, Warren Bird obliged.
We read about Quantitative Easing and tapering every day, but what are they and do they work? Should we worry about them? One thing is for sure - both subjects will be with us for many years to come.