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HL Sipp breaks through 1bn

Hargreaves Lansdown’s Sipp has broken the 1bn barrier, netting 717m in the last tax year. Head of pensions research Tom McPhail says the figures prove personal pensions have largely been replaced by Sipps as the retirement vehicle of choice.

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A change of view by HMRC means that advisers can consider again using absolute trusts for minors.

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Fit for Work: guidance for employers published

On Friday, the Department for Work and Pensions published its guidance for employers on using the new Fit for Work (FfW) service to help ill employees return to the workplace. It also includes more details on the tax exemption for medical interventions that commenced on 1 January 2015.

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