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September saw a reverse of rising pension transfer values with average transfers measured by one provider dropping sharply over the month, falling by 4% from £240,000 in the first week of September to £230,000 by the end of the month.
The platform Hubwise has halved the cost of its SIPP plan, it says, and has reduced entry costs as the company’s chief executive lambasts 'unfair' high charges he claims are prevalent in the sector.
The acquisitive Embark Services Group, parent company of Sipp provider Rowanmoor and platform Avalon, reported pre-tax losses widening last year from £1.46m to £2.36m.
In the run-up to pension freedoms people seemed to be speaking about pensions in a different way. There was new excitement over the removal of the need to buy an annuity (even though this had been the case for some time already).
Crypto currency may sound like something from a science fiction movie or Series 11 of Doctor Who, which will see Jodie Whittaker become the first female Doctor, but the reality is investors are piling a lot of money into these vehicles.
The Association of Member-Directed Pension Schemes (AMPS) is to host its annual Compliance and Technical Seminar on 9 October at the Hilton London Paddington. 
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