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James Hay’s parent company has reported that new Sipps went up 92% to 12,084 last year.
TISA, the financial services' provider association, is to help speed up the implementation of the 'pensions dashboard' set out in the Financial Advice Market Review final report and last weeks' Budget.
Sipp inflows for last year grew by 10.9%, new analysis has shown.
Despite not getting top billing in yesterday’s Budget – unlike the bombshell announcements of 2014 – pensions did still feature.
The Lifetime ISA has been attacked as a ‘gimmick’ and a ‘competitor’ to pensions - less than two hours after it was revealed.
The new Lifetime ISA could be used for “other specific life events” apart from buying a first home and for retirement.
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