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The Government's Law Commission has published a consultation paper reviewing the "fiduciary duties" that apply to investment intermediaries following the Kay Review.

HM Revenue & Customs says it is taking steps to tackle the increasingly sophisticated models being used by so-called pension liberation companies.

The Association of Member-Directed Pension Schemes (AMPS) - the Sipps and SSAS providers' body - has appointed James Hay's head of technical support Neil MacGillivray as chairman.

A Sipp scheme was used by two Surrey-based investments advisers who have have been fined a total of £885,000 and been banned by the FCA from holding any position at a financial firm.

The Prince of Wales has urged the pensions industry to move away from "quarterly capitalism" towards longer term investment values to secure the future for pensions and the environment.

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