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New premiums driven into personal pensions and Sipps increased to £3.8 billion in the first quarter of 2016, according to data from Equifax Touchstone.

Two Sipp firms have announced they have met the FCA’s new capital adequacy requirements.

Momentum Pensions, a Malta-based international pension specialist and independent pension trustee, has launched its first UK SIPP residents called the Momentum SIPP.

There has been an increasing trend among Sipp clients to buy land with their pension funds, a Sipp firm has reported.

Sipp and SSAS provider Charles Stanley wants to be the “UK’s leading wealth manager” by 2020 and will launch a separate Financial Planning arm as part of this strategy.

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