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Some victims of pension scams have lost more than £1m in savings each to fraudsters, new statistics have revealed.
The launch of the pensions dashboard could spark an increase in demand for advice as savers look to consolidate their pots, according to platform provider Zurich.
A new poll has revealed a majority of advisers foresee further consolidation in the SIPPs market.
The CISI’s Financial Planning and wealth management members have responded positively to Government plans to introduce a pensions dashboard, but are worried about the costs.
Martin Tilley, former director of technical services at SIPP provider Dentons Pension Management, has moved to Hurley Partners where he has been appointed pension director.
The FSCS has appointed eight law firms to form its second legal panel, following what it called “a rigorous six-month procurement exercise.”
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