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Two directors at Sipp provider Taylor Patterson have qualified as Chartered Financial Planners.

Sipp provider James Hay has announced Iain Tait will join its board of directors.

The average annual income needed for a comfortable retirement is £25,783, according to Towry.

James Hay has seen a 125 per cent rise in new sales in Q1 2013, according to its Q1 results.

Suffolk Life has acquired the Sipps book of Leeds-based wealth management firm Pearson Jones Plc.

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