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A Sipp firm has reported a surge in enquiries from advisers about succession planning on behalf of their clients.

The pensions industry must act swiftly and decisively itself on ‘excessive’ exit fees or it will be forced to do so by new legislation, a Sipp firm expert says.

There were ten whistleblowing complaints about the Sipp sector in 2014/15, the FCA has revealed.

The proportion of Sipp related complaints which were upheld by the Financial Ombudsman Service in the first quarter this financial year was lower than the trend over the last two years.

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