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A pensions firm has reported a record year for commercial property and land investments within its Sipp and SSAS products.
Customers with drawdown pensions at Standard Life have amassed £10bn in assets under administration, suggesting the schemes are becoming a serious alternative to annuities.
A former senior manager at AXA and Partnership Assurance has moved to Xafinity to head up sales.
James Hay has announced it will close its Manchester office as part of a strategy to focus on its bigger centres.