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Business leaders need to be "re-engaged" with pensions to increase uptake, according to Geoff Buck from Killik and Co.

Sipp provider Xafinity has seen a 108 per cent increase in the number of new property Sipps being set up.

Some 14.7m people are unsure when they will be able to retire, according to Barings Asset Management.

The Financial Conduct Authority has stated that the policy statement for the Sipp capital adequacy reform will be issued at the end of the year.

Liberty Sipp is planning a campaign to highlight the high time and costs involved in in-specie property transfers.

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