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Sipp property investors are being penalised by a rule change made by the the Scottish Government, a Sipps firm says.
The average withdrawal per person from pensions since the freedoms were launched has fallen to under £10,000.
The post-freedoms pension fraud spike was “worse than previously feared”, new analysis indicates.
The Treasury must avoid putting shackles on the new Pensions Advice Allowance that could deter younger savers engaging with their retirement planning, a pensions firm says.
A new Pensions Bill published yesterday spells the death knell for badly run Master Trusts, an analyst says.
The Sipps sector will shrink significantly and could reduce to as few as 30 ‘strong’ providers, professionals have predicted.
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