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Research conducted by Barnett Waddingham, the provider of consultancy and actuarial services, has found that UK employees suffer from “major gaps” in pensions knowledge.

James Hay’s parent company has reported that new Sipps went up 92% to 12,084 last year.

Sipp inflows for last year grew by 10.9%, new analysis has shown.

TISA, the financial services' provider association, is to help speed up the implementation of the 'pensions dashboard' set out in the Financial Advice Market Review final report and last weeks' Budget.

Despite not getting top billing in yesterday’s Budget – unlike the bombshell announcements of 2014 – pensions did still feature.

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