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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.

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

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.

According to a recent survey conducted by Liberty SIPP almost two-thirds of financial advisers believe that high levels of service are the most important factor when selecting a Sipp provider.

We start 2014 knowing that the Pensions Regulator will be looking to improve governance in small trust-based DC schemes following the publication of Code of Practice 13 in November.

"Oh no, here we go again!" is a message I can hear reverberating around the board rooms of Sipp operators following the FCA's announcement that hot on the heels of its new guide for Sipp operators they plan  another thematic review.

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