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Sipp provider Xafinity has seen a 108 per cent increase in the number of new property Sipps being set up.

The Financial Conduct Authority has stated that the policy statement for the Sipp capital adequacy reform will be issued at the end of the year.

The director of DP Pensions disagrees that the Financial Conduct Authority's capital adequacy requirements should be based on asset value.

Consumers using a Sipp for flexible drawdown have another option after Skandia enhanced the flexible drawdown facility on its collective retirement account.

Suffolk Life's Greg Kingston believes financial advisers are underestimating the importance of the Financial Conduct Authority's capital adequacy reform.

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