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As is often the case, come springtime I was asked whether there would be any changes in the upcoming 2014 budget. I thought about it, taking into consideration where we were with pension reform and with a General Election on the horizon, and I categorically said "No – too near to the Election." The rest is history!

Retirement wealth planning firm James Hay has laid out plans to introduce greater flexibility for clients as the pension reforms kick in next April.
A pensions consultancy firm has predicted the average retiree is set to live on the poverty line.
A pension top-up is proving a suprisingly popular alternative Christmas gift, according to a new survey.
Pensioners plan to spend a total of £4.2 billion on gifts and entertaining this Christmas, a survey found.

Having attended two excellent events in a week - a workshop by Enhance Compliance Solutions and an Infoline conference on Sipps - I thought I would reflect on the latest thoughts on capital adequacy calculations.

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