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The UK annuities market could decline by up to 75% after the recently announced changes to compulsory annuity purchase come into effect, according to PwC analysis supported by a new consumer survey.
Zurich has decided to extend its family-linking facility on its retail platform which includes trustee investment from Sipps and SSAS.
Rowanmoor Group has decided to reduce investment approval service timescales for its SSAS and Family Pension Trust schemes.
People who have recently taken a tax-free lump sum from their defined contribution pension will get 18 months rather than six months to decide what they wish to do with the rest of their retirement savings.
Key advisers in the Sipp and SSAS market have strong concerns over providers hiking their fees, according to research.
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