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Mercer’s former chief actuary has been hired by Xafinity as it bids to bolster its pensions actuarial and consulting team.

Plans for a secondary annuities market will not be implemented until at least 2017 after the Treasury said the move would be delayed.

George Osborne has opened up the possibility of “radical reforms” which could mean pensions become taxed like ISAs.

The Pensions Ombudsman has admitted it has been struggling to cope with rising demand as figures show a 42% increase in investigations over five years.

A former senior manager at Chase de Vere has been hired by James Hay as a new commercial director.

A SSAS and Sipps firm has announced it is doubling its pool of investment managers which provide access to discretionary fund management services.

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