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A former director at Suffolk Life has predicted a “very rosy future” for the Sipp sector, in particular providers that offer a more personalised, bespoke service.

The chairman of the Association of Member Directed Pension Schemes will step down tomorrow.

Sipp provider London & Colonial has been bought in a deal worth up to £5.4 million.

An Australian-based Financial Planning technology platform provider has bought an English Sipp provider.

About one out of five people are still failing to save anything at all towards their retirement, a report has suggested.

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