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A Sipp provider has echoed concerns about how the new free and impartial pension advice announced in the Budget will work.
The Government has revealed details of the new state pension top-up scheme, which will allow retiring savers to pay a lump sum to boost their state pension entitlement.
A former chairman of the Association of Member Directed Pension Schemes has called for more plain speaking from the FCA – as the regulator reached its first anniversary.
About four in ten advisers believe there could be fewer than 50 Sipp providers left in two years time.
A senior FCA figure has warned against predictions of doom about the annuities market following the radical pension reforms announced in the Budget.