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Demand for drawdown via Sipps and SSAS will grow as a result of the Budget, a specialist firm has predicted.

A study into the bulk annuity market has shown there were fewer big hitters in the UK last year but researchers predict more firms will enter.

More than £56 million of pension funds that had been previously lost or forgotten about by British expats were recovered for them last year by deVere Group.

Standard Life's annuity sales dropped by 50% following George Osborne's bombshell announcement on the future of pensions in the Budget.

The FCA has issued a warning to firms advising on switches to Sipps after an assessment found "serious and ongoing failings".

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