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A wealth management firm based in London has announced it is opening its first office in Wales.

A pensions advisory firm believes that the tax-free cash lump sum could be under threat.

A trio of new senior managers have been appointed by Sipp provider James Hay as part of a recruitment drive – with two joining from Cofunds.

Nearly 94% of advisers support calls to re-introduce a Sipp permitted investment list, a survey has suggested.

Only about two in ten Britons are putting money aside for retirement – a fall by 16% since 2007 – a study on savings trends has discovered.

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London wealth manager opens first Welsh office