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In his latest blog for Sipps Professional, Mike Morrison, head of platform technical at AJ Bell, tells readers what is on his mind this month, including how pensions simplification is perhaps not what it was supposed to be. 

Most weeks I have a range of subjects and deadlines to juggle, with the aim of producing whatever I have committed to in the form of articles or blogs by the stated deadlines.

The dust is settling on George Osborne's pension proposals, and now that we have passed the tax year end and the Easter holidays I am sure we will see reams of research and, hopefully, product innovation.

The Chancellor's Budget statement on pensions was unexpected and has been described as one of the most radical changes for many years.

Over the last few weeks I have been lucky enough to do a number of sessions addressing financial advisers, either at their team meetings or under the guise of the IFP, PFS or IOFS. The hot topic? Without question the proposed Budget changes and the opportunities and possible pitfalls that the new regime might hold.

So my first month away from AMPS in six years and I was suffering from cold turkey when I saw the release of new guidance by the FCA together with the announcement of a third thematic review.

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