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The Association of Member-Directed Pension Schemes has failed with its attempt to bring a Judicial Review concerning the new capital adequacy rules, it has just been revealed.

A decision on whether a Judicial Review concerning the new capital adequacy rules will be allowed to go ahead should be known in the next few weeks.

Three company directors have begun long jail terms after the first in a number of Serious Fraud Office cases to come to trial involving the mis-selling of investment products connected with Sipps.

Retirement wealth planning firm James Hay has laid out plans to introduce greater flexibility for clients as the pension reforms kick in next April.

A Sipp provider has predicted a number of competitors will exit the market because they will fail to meet new requirements.

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