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Radical pension reforms could significantly boost the pension savings of the majority of earners, but at the cost of substantial losses to high earners and major disruption to the industry, a report concluded.

A co-founder of a leading Sipps firm says the FCA is looking to the sector to become smaller but formed of well-run, financially strong operators.

Sipp contributions more than trebled compared to the previous year, Fidelity International’s pension inflow figures showed.

Sipp firm: Doubts over tax relief cost Treasury £billions

New analysis has shown big variations across the country when it comes to how long workers face having to work to achieve the same quality of pension as their parents’ generation.

Pension savers are struggling with so-called ‘retirement envy’ as they see the living standards and lifestyles of people who are already retired, says new research.

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