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XPS completes £42.5m Master Trust sale to SEI
XPS Pensions Group has completed the £42.5m sale of XPS Pensions (Nexus) Limited, principal employer and scheme funder of the National Pensions Trust (NPT), to SEI.
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Families failing to discuss inheritance plans
Two out of five married couples are keeping their families in the dark when it comes to their plans for passing on wealth, new research suggests.
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FCA secures Restraint Order against SSAS-linked firm
The FCA has secured a Restraint Order under the Proceeds of Crime Act 2002 against collapsed Newcastle-based wealth manager WealthTek, a parent company to a SSAS and SIPP investments provider.
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4 in 10 clients expect to work past retirement age
New research suggests that 43% of advised clients expect to work past standard retirement age and 29% are actively considering retiring overseas.
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SIPP provider body opposes DWP pension scheme levy
SIPP and SSAS provider professional body the Association of Member-Directed Pension Schemes has expressed “strong opposition” to the DWPs consultation on the general levy for pension schemes.
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