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ABI data released today shows that £4.7bn has been withdrawn under the new pension freedoms but surprisingly annuity sales have risen for the first time in three years.

Sandringham Financial Partners has launched an auto-enrolment (AE) consultancy to support partners working to deliver auto-enrolment solutions for business clients.

Fidelity FundsNetwork is to add a range of popular investment trusts and exchange traded products to
its platform from December.

TISA, the tax-incentivised savings association, is warning that moves towards a pension Isa would be counter-productive.

In its response to the Treasury consultation on pension transfers and early exit charges, Sipp provider AJ Bell has called for all early encashment penalties that block access to the new pension freedoms to be scrapped.

A Retirement Survey, which polls some of the UK’s leading pension and annuity professionals, found that 86% agree or strongly agree that the UK will see an increase in individuals taking cash beyond their tax-free allowance.

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